Subject: January 17, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

January 17, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta and need to start rolling out to next week:
 
BTC 2
COST 17Jan20 302.5 calls (COST200117C302.5)
STO 2
COST 24Jan20 307.5 calls (COST200124C307.5) for a debit of $1.20 (selling a diagonal)

BTC 1 COST 17Jan20 302.5 calls (COST200117C302.5)
STO 1
COST 24Jan20 302.5 calls (COST200124C302.5) for a credit of $1.25 (selling a calendar)


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

Happy trading.

Terry

 

 

To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.