August 6, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We need to roll down to some lower strikes:

STC 1 COST 20Sep19 280 call (COST190920C280) for $2.54

STC 1 COST 20Sep19 275 call (COST190920C275) for $4.00

BTO 4 COST 13Sep19 267.5 calls (COST190913C267.5)
STC 4 COST 20Sep19 275 calls (COST190920C275) for a debit of $2.50 (selling a diagonal)

BTC 3 COST 09Aug19 277.5 puts (COST190809P277.5)
STC 3 COST 06Sep19 277.5 puts (COST190906P277.5) for a credit of $1.93 (selling a calendar)

BTO 3 COST 20Sep19 265 puts (COST190920P265)
STO 3 COST 09Aug19 265 puts (COST190809P265) for a debit of $5.15 (buying a calendar)

BTC 4 COST 09Aug19 275 calls (COST190809C275)
STO 4 COST 09Aug19 267.5 calls (COST190809C267.5) for a credit of $1.77 (selling a vertical)

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

Happy trading.

Terry