January 16, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have become negative net delta once again:
 
BTC 1 COST 17Jan20 297.5 put (COST200117P297.5)
STO 1 COST 24Jan20 302.5 put (COST200124P302.5) for a credit of $1.90 (selling a diagonal)

BTO 1 COST 28Feb20 297.5 put (COST200228P297.5)
STC 1 COST 28Feb20 292.5 put (COST200228P292.5) for a debit of $1.40 (buying a vertical)

BTC 2 COST 17Jan20 302.5 calls (COST200117C302.5)
STO 2 COST 24Jan20 305 calls (COST200124C305) for a credit of $0.18 (selling a diagonal)


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

Happy trading.

Terry