August 14, 2020 Terry’s Tips Trade Alert  #3 - Rising  Tide Portfolio

We can use our excess cash to roll out our remaining 18Sep longs to 16Oct:

BTO 1 COST 16Oct20 340 call (COST201016C340)
STC 1 COST 18Sep20 335 call (COST200918C335) for a debit of $2.25 (buying a diagonal)

BTO 1 COST 16Oct20 345 call (COST201016C345)
STC 1 COST 18Sep20 335 call (COST200918C335) for a debit of $0.05 (buying a diagonal)

BTO 1 COST 16Oct20 330 put (COST201016P330)
STC 1 COST 18Sep20 330 put (COST200918P330) for a debit of $4.50 (buying a calendar)

BTO 1 COST 16Oct20 340 put (COST201016P340)
STC 1 COST 18Sep20 340 put (COST200918P340) for a debit of $4.70 (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