February 12, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We continue rolling out to next week and lowering strikes. This also rolls out our remaining 19Mar long position:

BTC 1 COST 12Feb21 355 put (COST210212P355)
STO 1 COST 19Feb21 347.5 put (COST210219P347.5) for a debit of $2.10 (selling a diagonal) (100%)

BTC 1 COST 12Feb21 357.5 call (COST210212C357.5)
STO 1 COST 19Feb21 350 call (COST210219C350) for a credit of $4.00 (selling a diagonal) (100%)

BTO 1 COST 16Apr21 350 call (COST210416C350)
STC 1 COST 19Mar21 360 call (COST210319C360) for a debit of $7.95 (buying a diagonal) (100%)


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

Happy trading.

Terry