Subject: January 13, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

January 13, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

With net delta dropping, we can raise our lowest-strike short put to increase delta, raise cash and increase theta:
 
BTC 1
COST 17Jan20 292.5 put (COST200117P292.5)
STO 1
COST 17Jan20 300 put (COST200117P300) for a credit of $2.40 (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

 

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