December 10, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

With COST reporting earnings after the bell, we will lower delta a bit and increase theta:

BTC 1 COST 11Dec20 380 call (COST201211C380)
STO 1 COST 11Dec20 375 call (COST201211C375) for a credit of $1.60 (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