August 18, 2020 Terry’s Tips Trade Alert  - Rising  Tide Portfolio

We have become negative net delta:

BTC 1 COST 21Aug20 337.5 call (COST200821C337.5)
STO 1 COST 21Aug20 345 call (COST200821C345) for a debit of $4.00 (buying a vertical)

BTC 1 COST 21Aug20 340 call (COST200821C340)
STO 1 COST 21Aug20 345 call (COST200821C345) for a debit of $2.20 (buying a vertical)

BTO 1 COST 16Oct20 350 call (COST201016C350)
STC 1 COST 16Oct20 335 call (COST201016C335) for a credit of $7.60 (buying a diagonal)


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

Happy trading.

Terry