August 20, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We will begin rolling out both long and shorts:


BTC 1 COST 20Aug21 445 put (COST210820P445)
STC 1 COST 17Sep21 445 put (COST210917P445) for a credit of $3.70 (selling a calendar) (100%)

BTC 1 COST 20Aug21 447.5 put (COST210820P447.5)
STO 1 COST 27Aug21 455 put (COST210827P455)
BTO 1 COST 15Oct21 455 put (COST211015P455)
STC 1 COST 17Sep21 450 put (COST210917P450) for a debit of $3.85 (buying a custom vertical roll) (100%)

BTC 1 COST 20Aug21 450 call (COST210820C450)
STC 1 COST 17Sep21 455 call (COST210917C455) for a credit of $1.85 (selling a diagonal) (100%)

BTC 2 COST 20Aug21 455 calls (COST210820C455)
STO 2 COST 27Aug21 460 calls (COST210827C460) for a debit of $0.15 (selling a diagonal) (66%)

BTC 1 COST 20Aug21 455 call (COST210820C455)
STO 1 COST 27Aug21 465 call (COST210827C465) for a debit of $1.95 (selling a diagonal) (100%)


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

Happy trading.

Terry