August 30, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

     

We need to get set up for next week:

 

BTC 2 COST 30Aug19 285 puts (COST190830P285) for $0.03 (no commissions)

STO 2 COST 06Sep19 297.5 puts (COST190906P297.5) for $5.05

BTO 1 COST 18Oct19 295 puts (COST191018P295)
STC 1 COST 04Oct19 285 puts (COST191004P285) for a debit of $4.90 (buying a diagonal)

BTO 1 COST 18Oct19 300 put (COST191018P300)
STC 1 COST 04Oct19 285 put (COST191004P285) for a debit of $7.40 (buying a diagonal)

BTC 2 COST 30Aug19 300 put (COST190830P300)
STO 2 COST 06Sep19 297.5 put (COST190906P297.5) for a debit of $0.40 (selling a diagonal)

BTC 1 COST 30Aug19 300 put (COST190830P300)
STO 1 COST 06Sep19 300 put (COST190906P300) for a credit of $1.30 (selling a calendar)

BTC 1 COST 30Aug19 297.5 call (COST190830C297.5)
STO 1 COST 06Sep19 297.5 call (COST190906C297.5) for a credit of $2.10 (selling a calendar)

BTC 3 COST 30Aug19 300 calls (COST190830C300) for $0.04 (no commissions)

STO 1 COST 06Sep19 295 call (COST190906C295) for $3.15

STO 2 COST 06Sep19 297.5 calls (COST190906C297.5) for $2.10

BTO 1 COST 18Oct19 295 call (COST191018C295)
STC 1 COST 18Oct19 300 call (COST191018C300) for a debit of $2.50 (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