February 16, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 19Feb21 350 call (COST210219C350)
STO 1 COST 19Feb21 360 call (COST210219C360)
BTO 1 COST 16Apr21 360 call (COST210416C360)
STC 1 COST 16Apr21 350 call (COST210416C350) for a debit of $0.30 (selling a vertical roll) (100%)

BTC 1 COST 19Feb21 345 put (COST210219P345)
STO 1 COST 19Feb21 355 put (COST210219P355) for a credit of $2.30 (selling 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