February 19, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have become negative net delta once again:

BTC 2 COST 21Feb20 320 puts (COST200221P320)
STO 2 COST 21Feb20 325 put (COST200221P325) for a credit of $1.60 (selling a vertical)

BTO 2 COST 17Apr20 325 puts (COST200417P325)
STC 2 COST 17Apr20 320 puts (COST200417P320) for a debit of $2.20 (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