February 13, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We remain negative net delta and will continue rolling out to next week:

BTC 4 COST 14Feb20 315 calls (COST200214C315)
STO 4 COST 21Feb20 320 calls (COST200221C320) for a debit of $2.05 (selling a diagonal)

BTO 1 COST 20Mar20 320 call (COST200320C320)
STC 1 COST 20Mar20 310 call (COST200320C310) for a credit of $6.15 (selling a vertical)


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

Happy trading.

Terry