August 6, 2021 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We are adding two spreads:

BTO 1 COST 17Sep21 450 call (COST210917C450)
STC 1 COST 17Sep21 435 call (COST210917C435) for a credit of $6.95 (selling a vertical) (33%)

BTO 1 COST 17Sep21 430 put (COST210917P430)
STO 1 COST 13Aug21 432.5 put (COST210813P432.5) for a debit of $4.50 (buying a diagonal)

BTO 1 COST 17Sep21 435 put (COST210917P435)
STO 1 COST 13Aug21 435 put (COST210813P435) for a debit of $5.75 (buying a calendar)


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

Happy trading.

Terry