September 18, 2020 Terry’s Tips Trade Alert  #4 - Earnings  Eagle Portfolio

We have excess cash to buy a spread and roll out some long calls to November:

BTO 1 TGT 20Nov20 150 put (TGT201120P150)
STO 1 TGT 25Sep20 145 put (TGT200925P145) for a debit of $8.50 (buying a diagonal)

BTO 3 TGT 20Nov20 145 calls (TGT201120C145)
STC 3 TGT 16Oct20 145 calls (TGT201016C145) for a debit of $3.30 (buying a calendar)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry