December 15, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become overly long:

BTC 1 COST 18Dec20 382.5 call (COST201218C382.5)
STO 1 COST 18Dec20 372.5 call (COST201218C372.5) for a credit of $1.85 (selling a vertical) (100%)

BTC 1 COST 18Dec20 380 call (COST201218C380)
STO 1 COST 18Dec20 370 call (COST201218C370) for a credit of $2.95 (selling a vertical) (100%)

BTO 1 COST 15Jan21 370 call (COST210115C370)
STC 1 COST 15Jan21 385 call (COST210115C385) for a debit of $6.15 (buying a vertical) (100%)

BTC 1 COST 18Dec20 377.5 put (COST201218P377.5)
STO 1 COST 18Dec20 367.5 put (COST201218P367.5)
BTO 1 COST 29Jan21 370 put (COST210129P370)
STC 1 COST 29Jan21 380 put (COST210129P380) for a debit of $0.80 (buying a vertical roll) (100%)


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

Happy trading.

Terry