February 18, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 19Feb21 350 put (COST210219P350)
STO 1 COST 26Feb21 357.5 put (COST210226P357.5) for a credit of $3.65 (selling a diagonal) (100%)

BTO 1 COST 16Apr21 360 put (COST210416P360)
STC 1 COST 16Apr21 350 put (COST210416P350) for a debit of $4.50 (buying a vertical) (50%)

BTC 1 COST 19Feb21 352.5 put (COST210219P352.5)
STO 1 COST 26Feb21 355 put (COST210226P355) for a credit of $2.45 (selling a diagonal) (100%)


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

Happy trading.

Terry