August 2, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We will continue getting to lower strikes:

BTC 7 COST 02Aug19 280 calls (COST190802C280) for $.01 (no commission)

BTC 3 COST 02Aug19 277.5 puts (COST190802P277.5)
STO 3 COST 09Aug19 277.5 puts (COST190809P277.5) for a credit of $1.20 (selling a calendar)

BTC 1 COST 02Aug19 280 put (COST190802P280)
STO 1 COST 09Aug19 275 put (COST190809P275) for a debit of $2.98 (selling a diagonal)

BTO 1 COST 20Sep19 275 put (COST190920P275)
STC 1 COST 20Sep19 280 put (COST190920P280) for a credit of $2.93 (selling a vertical)

BTO 5 COST 13Sep19 272.5 calls (COST190913C272.5)
STC 5 COST 20Sep19 280 calls (COST190920C280) for a debit of $2.79 (selling a diagonal)

STO 5 COST 09Aug19 272.5 calls (COST190809C272.5) for $3.25

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

Happy trading.

Terry