January 13, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 15Jan21 355 put (COST210115P355)
STO 1 COST 22Jan21 365 put (COST210122P365) for a credit of $4.15 (selling a diagonal) (100%)

BTO 1 COST 19Mar21 365 put (COST210319P365)
STC 1 COST 19Mar21 350 put (COST210319P350) for a debit of $6.10 (buying a vertical) (100%)

BTC 1 COST 15Jan21 357.5 put (COST210115P357.5)
STO 1 COST 22Jan21 362.5 put (COST210122P362.5) for a credit of $2.90 (selling a diagonal) (100%)


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

Happy trading.

Terry