August 24, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to lower delta:


BTC 1 COST 27Aug21 460 put (COST210827P460)
STO 1 COST 27Aug21 450 put (COST210827P450)
BTO 1 COST 15Oct21 445 put (COST211015P445)
STC 1 COST 15Oct21 465 put (COST211015P465) for a credit of $3.95 (buying a vertical roll) (100%)

BTC 1 COST 27Aug21 455 put (COST210827P455)
STO 1 COST 27Aug21 447.5 put (COST210827P447.5) for a debit of $3.20 (buying a vertical) (100%)

BTC 2 COST 27Aug21 465 calls (COST210827C465)
STO 2 COST 27Aug21 455 calls (COST210827C455) for a credit of $1.65 (selling a vertical) (100%)


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

Happy trading.

Terry