February 10, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 2 COST 14Feb20 312.5 calls (COST200214C312.5)
STO 2 COST 14Feb20 320 calls (COST200214C320) for a debit of $4.00 (buying a vertical)

BTO 1 COST 20Mar20 320 call (COST200320C320)
STC 1 COST 20Mar20 305 call (COST200320C305) for a credit of $9.05 (selling a vertical)

BTC 1 COST 14Feb20 312.5 call (COST200214C312.5)
STO 1 COST 14Feb20 317.5 call (COST200214C317.5) for a debit of $2.95 (buying a vertical)

BTO 1 COST 17Apr20 315 call (COST200417C315)
STC 1 COST 20Mar20 305 call (COST200320C305) for a credit of $4.55 (buying a diagonal)


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

Happy trading.

Terry