April 24, 2020 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We can use our excess cash to buy a spread:

BTO 1 COST 19Jun20 305 put (COST200619P305)
STO 1 COST 01May20 305 put (COST200501P305) for a debit of $10.80 (buying a calendar)

BTO 1 COST 19Jun20 305 call (COST200619C305)
STC 1 COST 19Jun20 300 call (COST200619C300) for a credit of $3.00 (selling a vertical)


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

Happy trading.

Terry