February 6, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become significantly negative net delta:

BTC 4 COST 07Feb20 307.5 calls (COST200207C307.5)
STO 4 COST 07Feb20 312.5 calls (COST200207C312.5) for a debit of $3.25 (buying a vertical)

BTO 2 COST 20Mar20 315 calls (COST200320C315)
STC 2 COST 20Mar20 305 calls (COST200320C305) for a credit of $5.60 (selling a vertical)


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

Happy trading.

Terry