December 6, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We are using our excess cash to buy more spreads and roll out more long positions:
 

BTO 2 COST 10Jan20 307.5 calls (COST200110C307.5)
STO 2 COST 13Dec19 307.5 calls (COST191213C307.5) for a debit of $1.80 (buying a calendar)

BTO 2 COST 10Jan20 287.5 puts (COST200110P287.5)
STO 2 COST 13Dec19 287.5 puts (COST191213P287.5) for a debit of $2.30 (buying a calendar)

BTO 2 COST 17Jan20 295 calls (COST200117C295)
STO 2 COST 13Dec19 295 calls (COST191213C295) for a debit of $3.35 (buying a calendar)

BTO 1 COST 24Jan20 300 call (COST200124C300)
STC 1 COST 03Jan20 300 call (COST200103C300) for a debit of $1.75 (buying a calendar)

BTO 1 COST 24Jan20 302.5 call (COST200124C302.5)
STC 1 COST 03Jan20 302.5 call (COST200103C302.5) for a debit of $1.65 (buying a calendar)


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

Happy trading.

Terry