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

We need to roll some spreads to lower strikes:

BTC 1 COST 16Aug19 280 put (COST190816P280)
STC 1 COST 27Sep19 280 put (COST190927P280) for a credit of $4.38 (selling a calendar)

BTC 1 COST 16Aug19 277.5 put (COST190816P277.5)
STC 1 COST 27Sep19 277.5 put (COST190927P277.5) for a credit of $5.12 (selling a calendar)

BTC 1 COST 16Aug19 277.5 put (COST190816P277.5)
STC 1 COST 13Sep19 277.5 put (COST190913P277.5) for a credit of $3.85 (selling a calendar)

BTC 1 COST 16Aug19 275 put (COST190816P275)
STC 1 COST 27Sep19 275 put (COST190927P275) for a credit of $5.79 (selling a calendar)

BTO 3 COST 18Oct19 270 puts (COST191018P270)
STO 3 COST 16Aug19 270 puts (COST190816P270) for a debit of $8.71 (buying a calendar)

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

Happy trading.

Terry