February 11, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become overly long, so we will start rolling out to next week and lowering strikes:

BTC 1 COST 12Feb21 360 put (COST210212P360)
STO 1 COST 19Feb21 352.5 put (COST210219P352.5) for a debit of $2.40 (selling a diagonal) (100%)

BTC 1 COST 12Feb21 362.5 call (COST210212C362.5)
STO 1 COST 19Feb21 357.5 call (COST210219C357.5) for a credit of $2.45 (selling a diagonal) (50%)

BTC 1 COST 12Feb21 362.5 call (COST210212C362.5)
STO 1 COST 19Feb21 355 call (COST210219C355) for a credit of $3.50 (selling a diagonal) (100%)

BTO 1 COST 16Apr21 355 call (COST210416C355)
STC 1 COST 16Apr21 365 call (COST210416C365) for a debit of $4.50 (buying a vertical) (100%)


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

Happy trading.

Terry