February 23, 2021 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We continue are rolling out to reduce delta:

BTC 1 COST 26Feb21 357.5 call (COST210226C357.5)
STO 1 COST 05Mar21 347.5 call (COST210305C347.5) for a credit of $5.05 (selling a diagonal) (50%)

BTC 1 COST 26Feb21 357.5 call (COST210226C357.5)
STO 1 COST 05Mar21 350 call (COST210305C350) for a credit of $4.10 (selling a diagonal) (50%)

BTO 1 COST 16Apr21 345 call (COST210416C345)
STC 1 COST 16Apr21 360 call (COST210416C360) for a debit of $6.25 (buying a vertical) (50%)

BTC 1 COST 26Feb21 355 put (COST210226P355)
STO 1 COST 05Mar21 342.5 put (COST210305P342.5) for a debit of $4.95 (selling a diagonal) (100%)

BTO 1 COST 16Apr21 345 put (COST210416P345)
STC 1 COST 16Apr21 360 put (COST210416P360) for a credit of $8.75 (selling a vertical) (50%)


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

Happy trading.

Terry