January 14, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to reduce delta:

BTC 1 COST 15Jan21 372.5 call (COST210115C372.5)
STO 1 COST 22Jan21 367.5 call (COST210122C367.5) for a credit of $2.20 (selling a diagonal) (100%)

BTC 1 COST 15Jan21 370 call (COST210115C370)
STO 1 COST 22Jan21 365 call (COST210122C365) for a credit of $2.95 (selling a diagonal) (100%)

BTO 1 COST 19Feb21 365 call (COST210219C365)
STC 1 COST 19Feb21 375 call (COST210219C375) for a debit of $3.85 (buying a vertical) (50%)

BTC 1 COST 22Jan21 367.5 put (COST210122P367.5)
STO 1 COST 22Jan21 360 put (COST210122P360) for a debit of $3.95 (buying 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