August 23, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We need to lower some strikes and get set up for next week:

BTC 3 COST 23Aug19 280 calls (COST190823C280) for $0.03 (no commission)

STO 3 COST 30Aug19 275 calls (COST190830C275) for $3.31

BTC 3 COST 23Aug19 277.5 calls (COST190823C277.5)
STO 3 COST 30Aug19 277.5 calls (COST190830C277.5) for a credit of $2.00 (selling a calendar)

BTC 1 COST 23Aug19 277.5 puts (COST190823P277.5)
STO 1 COST 30Aug19 277.5 puts (COST190830P277.5) for a credit of $2.57 (selling a calendar)

BTC 2 COST 23Aug19 280 puts (COST190823P280)
STO 2 COST 30Aug19 277.5 puts (COST190830P277.5) for a credit of $0.12 (selling a diagonal)

BTC 1 COST 23Aug19 280 put (COST190823P280)
STO 1 COST 30Aug19 275 put (COST190830P275) for a debit of $1.48 (selling a diagonal)

BTO 1 COST 18Oct19 275 call (COST191018C275)
STC 1 COST 27Sep19 280 call (COST190927C280) for a debit of $5.47 (buying a diagonal)

BTO 1 COST 18Oct19 275 call (COST191018C275)
STC 1 COST 04Oct19 280 call (COST191004C280) for a debit of $3.53 (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