August 14, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We need to generate some cash as well as continue rolling to lower strikes:

BTC 3 COST 16Aug19 280 calls (COST190816C280)
STC 3 COST 13Sep19 277.5 calls (COST190913C277.5) for a credit of $3.15 (selling a diagonal)

BTO 1 COST 13Sep19 270 call (COST190913C270)
STC 1 COST 13Sep19 277.5 call (COST190913C277.5) for a debit of $3.26 (buying a vertical)

BTO 2 COST 27Sep19 270 calls (COST190927C270)
STC 2 COST 27Sep19 277.5 calls (COST190927C277.5) for a debit of $3.41 (buying a vertical)

BTC 3 COST 16Aug19 277.5 calls (COST190816C277.5)
STO 3 COST 16Aug19 270 calls (COST190816C270) for a credit of $1.56 (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