February 18, 2020 Terry’s Tips Trade Alert #3  – Rising Tide Portfolio

We are negative net delta once again:

BTC 1 COST 21Feb20 317.5 put (COST200221P317.5)
STC 1 COST 17Apr20 315 put (COST200417P315) for a credit of $5.75 (selling a diagonal)

BTC 1 COST 21Feb20 320 call (COST200221C320)
STO 1 COST 21Feb20 325 call (COST200221C325) for a debit of $2.75 (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