December 18, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become too positive net delta:
 
BTC 2 COST 20Dec19 302.5 calls (COST191220C302.5)
STO 2 COST 20Dec19 292.5 calls (COST191220C292.5) for a credit of $1.20 (selling a vertical)

BTO 1 COST 17Jan20 290 call (COST200117C290)
STC 1 COST 17Jan20 300 call (COST200117C300) for a debit of $4.50 (buying a vertical)


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

Happy trading.

Terry