April 18, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio    

We will continue rolling over to next month while getting more neutral net delta at the same time:

BTC 1 COST 18Apr19 245 call (COST190418C245)
STO 1 COST 26Apr19 245 call (COST190426C245) for a credit of $1.41 (selling a calendar)

BTC 2 COST 18Apr19 247.5 calls (COST190418C247.5) for $.02 (no commission)

STO 2 COST 26Apr19 247.5 calls (COST190426C247.5) for $.82

BTO 1 COST 21Jun19 250 put (COST190621P250)
STO 1 COST 26Apr19 247.5 put (COST190426P247.5) for a debit of $6.74 (buying a diagonal)

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

Happy trading.

Terry