December 23, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We will reduce delta by starting to roll out to next week:

BTC 1 COST 24Dec20 370 call (COST201224C370)
STO 1 COST 31Dec20 365 call (COST201231C365) for a credit of $1.60 (selling a diagonal) (100%)

BTC 1 COST 24Dec20 367.5 call (COST201224C367.5)
STO 1 COST 31Dec20 362.5 call (COST201231C362.5) for a credit of $2.45 (selling a diagonal) (100%)

BTO 1 COST 19Feb21 360 call (COST210219C360)
STC 1 COST 29Jan21 370 call (COST210129C370) for a debit of $6.95 (buying a diagonal) (100%)

BTC 1 COST 24Dec20 365 put (COST201224P365)
STO 1 COST 31Dec20 360 put (COST201231P360) for a debit of $1.70 (selling a diagonal) (100%)


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

Happy trading.

Terry