April 3, 2020 Terry’s Tips Trade Alert #4 – Rising Tide Portfolio

We can use our excess cash to buy two more calendar spreads:

BTO 1 COST 19Jun20 285 put (COST200619P285)
STO 1 COST 09Apr20 285 put (COST200409P285) for a debit of $14.10 (buying a calendar)

BTO 1 COST 15May20 290 call (COST200515C290)
STO 1 COST 09Apr20 290 call (COST200409C290) for a debit of $8.70 (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