August 4, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 06Aug21 425 put (COST210806P425)
STO 1 COST 06Aug21 435 put (COST210806P435)
BTO 1 COST 17Sep21 435 put (COST210917P435)
STC 1 COST 17Sep21 425 put (COST210917P425) for a debit of $2.20 (buying a vertical roll) (100%)

BTC 1 COST 06Aug21 432.5 call (COST210806C432.5)
STO 1 COST 06Aug21 440 call (COST210806C440) for a debit of $3.35 (buying a vertical) (50%)

BTO 1 COST 17Sep21 435 call (COST210917C435)
STC 1 COST 17Sep21 425 call (COST210917C425) for a credit of $6.00 (selling a vertical) (50%)


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

Happy trading.

Terry