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

We remain negative net delta:

BTC 1 COST 07Aug20 325 call (COST200807C325)
STO 1 COST 07Aug20 332.5 call (COST200807C332.5) for a debit of $3.80 (buying a vertical)

BTO 1 COST 18Sep20 330 call (COST200918C330)
STC 1 COST 18Sep20 320 call (COST200918C320) for a credit of $6.00 (selling a vertical)

BTC 1 COST 07Aug20 322.5 put (COST200807P322.5)
STO 1 COST 07Aug20 327.5 put (COST200807P327.5) for a credit of $1.20 (selling a vertical)

BTO 1 COST 16Oct20 325 put (COST201016P325)
STC 1 COST 16Oct20 320 put (COST201016P320) for a debit of $2.05 (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