February 25, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We continue rolling out to reduce delta:

BTC 1 COST 26Feb21 355 call (COST210226C355)
STC 1 COST 16Apr21 355 call (COST210416C355) for a credit of $5.45 (selling a calendar) (100%)

BTC 1 COST 26Feb21 350 put (COST210226P350)
STO 1 COST 05Mar21 332.5 put (COST210305P332.5) for a debit of $9.70 (selling a diagonal) (100%)

BTC 1 COST 05Mar21 342.5 put (COST210305P342.5)
STO 1 COST 05Mar21 330 put (COST210305P330) for a debit of $6.60 (buying a vertical) (100%)

BTO 1 COST 16Apr21 335 put (COST210416P335)
STC 1 COST 16Apr21 355 put (COST210416P355) 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