February 14, 2020 Terry’s Tips Trade Alert  – Rising Tide Portfolio

We are negative net delta and need to complete rolling out to next week:

BTC 2 COST 14Feb20 315 puts (COST200214P315) for $0.04

STO 2 COST 21Feb20 317.5 puts (COST200221P317.5) for $1.75

BTC 1 COST 14Feb20 317.5 call (COST200214C317.5)
STO 1 COST 21Feb20 320 call (COST200221C320) for a credit of $0.50 (selling a diagonal)

BTO 1 COST 17Apr20 320 put (COST200417P320)
STC 1 COST 20Mar20 315 put (COST200320P315) for a debit of $3.90 (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