February 21, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We will continue setting up for next week by rolling out our in-the-money puts:

BTC 2 COST 21Feb20 325 puts (COST200221P325)
STO 2 COST 28Feb20 322.5 puts (COST200228P322.5) for a credit of $0.80 (selling a diagonal)

BTC 1 COST 21Feb20 325 put (COST200221P325)
STO 1 COST 28Feb20 325 put (COST200228P325) for a credit of $1.95 (selling a calendar)


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

Happy trading.

Terry