February 20, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We can reduce delta, raise cash and add theta by rolling down these short calls:

BTC 3 COST 21Feb20 325 calls (COST200221C325)
STO 3 COST 21Feb20 320 calls (COST200221C320) for a credit of $2.30 (selling a vertical)


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

Happy trading.

Terry