December 8, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 11Dec20 375 call (COST201211C375)
STO 1 COST 11Dec20 382.5 call (COST201211C382.5) for a debit of $3.35 (buying a vertical) (100%)

BTC 1 COST 11Dec20 365 put (COST201211P365)
STO 1 COST 11Dec20 375 put (COST201211P375)
BTO 1 COST 15Jan21 375 put (COST210115P375)
STC 1 COST 15Jan21 365 put (COST210115P365) for a debit of $0.95 (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