April 15, 2019 Terry’s Tips Trade Alert  – Rising Tide Portfolio    

These are our initial trades with our new underlying, COST:

BTO 1 COST 21Jun19 245 call (COST190621C245)
STO 1 COST 18Apr19 245 call (COST190418C245) for a debit of $6.70 (buying a diagonal)

BTO 1 COST 21Jun19 245 call (COST190621C245)
STO 1 COST 18Apr19 247.5 call (COST190418C247.5) for a debit of $7.87 (buying a diagonal)

BTO 1 COST 21Jun19 250 call (COST190621C250)
STO 1 COST 18Apr19 247.5 call (COST190418C247.5) for a debit of $5.34 (buying a diagonal)

BTO 2 COST 21Jun19 245 puts (COST190621P245)
STO 2 COST 18Apr19 245 puts (COST190418P245) for a debit of $6.22 (buying a diagonal)

Be prepared to change these prices by $.05 or more in order to get an execution. 

Happy trading.

Terry