August 4, 2020 Terry’s Tips Trade Alert  – Rising  Tide Portfolio

We remain negative net delta:

BTC 3 COST 07Aug20 327.5 call (COST200807C327.5)
STO 3 COST 07Aug20 335 call (COST200807C335) for a debit of $4.20 (buying a vertical)

BTO 1 COST 18Sep20 335 call (COST200918C335)
STC 1 COST 18Sep20 320 call (COST200918C320) for a credit of $9.40 (selling a vertical)

BTO 1 COST 18Sep20 335 call (COST200918C335)
STC 1 COST 18Sep20 330 call (COST200918C330) for a credit of $2.60 (selling a vertical)

BTC 2 COST 07Aug20 325 put (COST200807P325)
STO 2 COST 07Aug20 335 put (COST200807P335)
BTO 2 COST 19Sep20 335 put (COST200918P335)
STC 2 COST 18Sep20 325 put (COST200918P325) for a debit of $0.30 (buying 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