April 23, 2021 Terry’s Tips Trade Alert  - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 30Apr21 362.5 put (COST210430P362.5)
STO 1 COST 30Apr21 372.5 put (COST210430P372.5) for a credit of $2.30 (selling a vertical) (100%)

BTO 1 COST 16Jul21 375 put (COST210716P375)
STC 1 COST 16Jul21 365 put (COST210716P365) for a debit of $4.65 (buying a vertical) (50%)

BTC 1 COST 30Apr21 370 call (COST210430C370)
STO 1 COST 30Apr21 380 call (COST210430C380)
BTO 1 COST 16Jul21 380 call (COST210716C380)
STC 1 COST 16Jul21 370 call (COST210716C370) for a credit of $0.50 (selling a vertical roll) (100%)


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

Happy trading.

Terry