August 27, 2020 Terry’s Tips Trade Alert  - Rising  Tide Portfolio

We have become negative net delta:

BTC 1 COST 28Aug20 337.5 put (COST200828P337.5)
STO 1 COST 04Sep20 342.5 put (COST200904P342.5) for a credit of $2.80 (selling a diagonal)

BTC 2 COST 28Aug20 340 puts (COST200828P340)
STO 2 COST 04Sep20 345 puts (COST200904P345) for a credit of $3.65 (selling a diagonal)

BTO 1 COST 16Oct20 350 put (COST201016P350)
STC 1 COST 16Oct20 335 put (COST201016P335) for a debit of $6.60 (buying a vertical)


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

Happy trading.

Terry