December 16, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become overly long:

BTC 1 COST 18Dec20 375 put (COST201218P375)
STO 1 COST 18Dec20 365 put (COST201218P365)
BTO 1 COST 15Jan21 365 put (COST210115P365)
STC 1 COST 15Jan21 375 put (COST210115P375) for a debit of $0.35 (buying a vertical roll) (100%)

BTC 1 COST 18Dec20 375 put (COST201218P375)
STO 1 COST 18Dec20 365 put (COST201218P365)
BTO 1 COST 29Jan21 365 put (COST210129P365)
STC 1 COST 29Jan21 375 put (COST210129P375) for a debit of $0.90 (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