April 17, 2020 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

This completes rolling out to next week and using our excess cash to roll out the final May position to June:

BTC 1 COST 17Apr20 317.5 call (COST200417C317.5)
STO 1 COST 24Apr20 317.5 call (COST200424C317.5) for a credit of $3.40 (selling a calendar)

BTO 1 COST 19Jun20 320 call (COST200619C320)
STC 1 COST 15May20 320 call (COST200515C320) for a debit of $6.10 (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