February 12, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 2 COST 14Feb20 310 puts (COST200214P310)
STO 2 COST 14Feb20 315 puts (COST200214P315) for a credit of $1.60 (selling a vertical)

BTO 1 COST 20Mar20 315 put (COST200320P315)
STC 1 COST 20Mar20 305 put (COST200320P305) for a debit of $3.85 (buying a vertical)


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

Happy trading.

Terry