August 6, 2020 Terry’s Tips Trade Alert  #2 - Rising  Tide Portfolio

We continue to be negative net delta:

BTC 2 COST 07Aug20 335 puts (COST200807P335)
STO 2 COST 14Aug20 342.5 puts (COST200814P342.5) for a credit of $3.10 (selling a diagonal)

BTO 1 COST 18Sep20 340 put (COST200918P340)
STC 1 COST 18Sep20 335 put (COST200918P335) for a debit of $1.90 (buying a vertical)

BTO 1 COST 18Sep20 345 put (COST200918P345)
STC 1 COST 18Sep20 335 put (COST200918P335) for a debit of $4.10 (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