August 11, 2020 Terry’s Tips Trade Alert  - Rising  Tide Portfolio

We have become uncomfortably long:

BTC 2 COST 14Aug20 342.5 puts (COST200814P342.5)
STO 2 COST 14Aug20 337.5 puts (COST200814P337.5) for a debit of $3.40 (buying a vertical)

BTO 1 COST 18Sep20 330 put (COST200918P330)
STC 1 COST 18Sep20 345 put (COST200918P345) for a credit of $7.30 (selling a vertical)

BTC 1 COST 14Aug20 340 put (COST200814P340)
STO 1 COST 14Aug20 335 put (COST200814P335) for a debit of $3.10 (buying a vertical)

BTC 1 COST 14Aug20 345 call (COST200814C345)
STC 1 COST 18Sep20 345 call (COST200918C345) for a credit of $4.50 (selling a calendar)

BTC 2 COST 14Aug20 345 calls (COST200814C345)
STO 2 COST 14Aug20 335 calls (COST200814C335) for a credit of $2.70 (selling a vertical)

BTO 2 COST 18Sep20 335 calls (COST200918C335)
STC 2 COST 18Sep20 345 calls (COST200918C345) for a debit of $4.60 (buying a vertical)


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

Happy trading.

Terry