August 3, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 06Aug21 420 put (COST210806P420)
STO 1 COST 06Aug21 430 put (COST210806P430)
BTO 1 COST 17Sep21 430 put (COST210917P430)
STC 1 COST 17Sep21 420 put (COST210917P420) for a debit of $2.10 (buying a vertical roll) (100%)

BTC 1 COST 06Aug21 430 call (COST210806C430)
STO 1 COST 06Aug21 435 call (COST210806C435) for a debit of $3.00 (buying 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