August 3, 2020 Terry’s Tips Trade Alert  #2 – Rising  Tide Portfolio

We remain negative net delta:

BTC 1 COST 07Aug20 317.5 put (COST200807P317.5)
STO 1 COST 07Aug20 325 put (COST200807P325) for a credit of $1.00 (selling a vertical)

BTC 1 COST 07Aug20 320 put (COST200807P320)
STO 1 COST 07Aug20 325 put (COST200807P325)
BTO 1 COST 18Sep20 330 put (COST200918P330)
STC 1 COST 18Sep20 325 put (COST200918P325) for a debit of $1.50 (buying a vertical roll)

BTC 2 COST 07Aug20 325 calls (COST200807C325)
STO 2 COST 07Aug20 330 calls (COST200807C330)
BTO 2 COST 18Sep20 330 calls (COST200918C330)
STC 2 COST 18Sep20 325 calls (COST200918C325) for a credit of $0.05 (selling a vertical roll)


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

Happy trading.

Terry