Subject: August 28, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

August 28, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

     

We are negative net delta:

 

BTC 3 COST 30Aug19 290 puts (COST190830P290)
STO 3 COST 30Aug19 300 puts (COST190830P300)
for a credit of $4.55 (selling a vertical)


BTO 3 COST 18Oct19 300 puts (COST191018P300)
STC 3 COST 18Oct19 290 puts (COST191018P290)
for a debit of $4.45 (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

 

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