August 18, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:


BTC 1 COST 20Aug21 447.5 call (COST210820C447.5)
STO 1 COST 20Aug21 455 call (COST210820C455) for a debit of $5.30 (buying a vertical) (100%)

BTO 1 COST 15Oct21 460 call (COST211015C460)
STC 1 COST 15Oct21 445 call (COST211015C445) for a credit of $8.15 (selling a vertical) (100%)

BTC 1 COST 20Aug21 442.5 put (COST210820P442.5)
STO 1 COST 20Aug21 455 put (COST210820P455)
BTO 1 COST 17Sep21 455 put (COST210917P455)
STC 1 COST 17Sep21 440 put (COST210917P440) for a debit of $2.65 (buying a vertical roll) (100%)

BTC 1 COST 20Aug21 450 call (COST210820C450)
STO 1 COST 20Aug21 460 call (COST210820C460) for a debit of $5.10 (buying a vertical) (50%)


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

Happy trading.

Terry