February 5, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have again become negative net delta:

BTC 2 COST 07Feb20 305 puts (COST200207P305)
STO 2 COST 07Feb20 310 puts (COST200207P310) for a credit of $2.25 (selling a vertical)

BTO 1 COST 20Mar20 310 put (COST200320P310)
STC 1 COST 20Mar20 300 put (COST200320P300) for a debit of $4.15 (buying a vertical)


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

Happy trading.

Terry