February 24, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We continue are rolling out to reduce delta:

BTC 1 COST 26Feb21 352.5 put (COST210226P352.5)
STO 1 COST 05Mar21 340 put (COST210305P340) for a debit of $5.80 (selling a diagonal) (100%)

BTC 1 COST 05Mar21 347.5 put (COST210305P347.5)
STO 1 COST 05Mar21 337.5 put (COST210305P337.5) for a debit of $5.60 (buying a vertical) (100%)

BTC 1 COST 05Mar21 345 put (COST210305P345)
STO 1 COST 05Mar21 335 put (COST210305P335) for a debit of $5.15 (buying a vertical) (100%)

BTO 1 COST 16Apr21 340 put (COST210416P340)
STC 1 COST 16Apr21 360 put (COST210416P360) for a credit of $12.15 (selling a vertical) (100%)


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

Happy trading.

Terry