August 8, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have become negative net delta:

BTC 2 COST 09Aug19 267.5 calls (COST190809C267.5)
STO 2 COST 16Aug19 275 calls (COST190816C275) for a debit of $3.46 (selling a diagonal)

BTO 2 COST 27Sep19 275 calls (COST190927C275)
STC 2 COST 13Sep19 267.5 calls (COST190913C267.5) for a credit of $2.94 (buying a diagonal)

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

Happy trading.

Terry