August 11, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 13Aug21 432.5 put (COST210813P432.5)
STO 1 COST 13Aug21 442.5 put (COST210813P442.5)
BTO 1 COST 17Sep21 445 put (COST210917P445)
STC 1 COST 17Sep21 430 put (COST210917P430) for a debit of $4.25 (buying a vertical roll) (100%)

BTC 1 COST 13Aug21 435 put (COST210813P435)
STO 1 COST 13Aug21 445 put (COST210813P445)
BTO 1 COST 17Sep21 445 put (COST210917P445)
STC 1 COST 17Sep21 435 put (COST210917P435) for a debit of $2.40 (buying a vertical roll) (50%)

BTO 1 COST 17Sep21 455 call (COST210917C455)
STC 1 COST 17Sep21 435 call (COST210917C435) for a credit of $10.95 (selling a vertical) (50%)

BTC 1 COST 13Aug21 440 call (COST210813C440)
STO 1 COST 13Aug21 447.5 call (COST210813C447.5) for a debit of $5.30 (buying a vertical) (100%)

BTC 1 COST 13Aug21 442.5 call (COST210813C442.5)
STO 1 COST 13Aug21 450 call (COST210813C450) for a debit of $4.25 (buying a vertical) (100%)

BTO 1 COST 17Sep21 445 call (COST210917C445)
STC 1 COST 17Sep21 435 call (COST210917C435) for a credit of $6.35 (selling a vertical) (100%)


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

Happy trading.

Terry