August 13, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We will begin rolling out short and long positions to raise delta:


BTC 1 COST 13Aug21 445 call (COST210813C445)
STO 1 COST 20Aug21 450 call (COST210820C450) for a debit of $0.35 (selling a diagonal) (100%)

BTC 1 COST 13Aug21 435 put (COST210813P435)
STC 1 COST 17Sep21 435 put (COST210917P435) for a credit of $4.05 (selling a calendar) (100%)

BTC 1 COST 13Aug21 437.5 put (COST210813P437.5)
STO 1 COST 20Aug21 447.5 put (COST210820P447.5) for a credit of $3.45 (selling a diagonal) (100%)

BTO 1 COST 15Oct21 450 put (COST211015P450)
STC 1 COST 17Sep21 445 put (COST210917P445) for a debit of $7.15 (buying a diagonal) (50%)


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

Happy trading.

Terry