August 13, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 2 COST 16Aug19 275 calls (COST190816C275)
STO 2 COST 16Aug19 277.5 calls (COST190816C277.5) for a debit of $1.41 (buying a vertical)

BTC 3 COST 16Aug19 275 calls (COST190816C275)
STO 3 COST 16Aug19 280 calls (COST190816C280) for a debit of $2.31 (buying a vertical)

BTC 2 COST 16Aug19 275 puts (COST190816P275)
STO 2 COST 16Aug19 277.5 puts (COST190816P277.5) for a credit of $1.09 (selling a vertical)

BTC 1 COST 16Aug19 275 put (COST190816P275)
STO 1 COST 16Aug19 280 put (COST190816P280) for a credit of $2.71 (selling a vertical)

BTO 1 COST 13Sep19 277.5 put (COST190913P277.5)
STC 1 COST 13Sep19 275 put (COST190913P275) for a debit of $1.15 (buying a vertical

BTO 1 COST 27Sep19 277.5 put (COST190927P277.5)
STC 1 COST 27Sep19 275 put (COST1909273P275) for a debit of $1.15 (buying a vertical

BTO 1 COST 27Sep19 280 put (COST190927P280)
STC 1 COST 27Sep19 275 put (COST190927P275) for a debit of $2.42 (buying a vertical

BTO 4 COST 13Sep19 277.5 calls (COST190913C277.5)
STC 4 COST 13Sep19 272.5 calls (COST190913C272.5) for a credit of $2.86 (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