January 19, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

With COST down 2% at the open, we have become overly positive delta:

BTC 1 COST 22Jan21 372.5 call (COST210122C372.5)
STC 1 COST 19Feb21 375 call (COST210219C375) for a credit of $2.00 (selling a diagonal) (100%)

BTC 1 COST 22Jan21 365 put (COST210122P365)
STC 1 COST 19Mar21 370 put (COST210319P370) for a credit of $11.90 (selling a diagonal) (100%)

BTC 1 COST 22Jan21 365 put (COST210122P365)
STO 1 COST 22Jan21 355 put (COST210122P355) for a debit of $7.40 (buying a vertical) (100%)

BTC 1 COST 22Jan21 362.5 put (COST210122P362.5)
STO 1 COST 22Jan21 352.5 put (COST210122P352.5) for a debit of $6.20 (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