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

We need to raise delta:

BTC 4 COST 21Feb20 317.5 calls (COST200221C317.5)
STO 4 COST 21Feb20 322.5 calls (COST200221C322.5) for a debit of $3.70 (selling a vertical)

BTO 4 COST 20Mar20 325 calls (COST200320C325)
STC 4 COST 20Mar20 315 calls (COST200320C315) for a credit of $5.95 (selling a diagonal)

BTC 3 COST 21Feb20 320 calls (COST200221C320)
STO 3 COST 21Feb20 325 calls (COST200221C325) for a debit of $2.85 (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