January 24, 2020 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We are continuing to roll out to next week and reduce delta:

BTC 2 COST 24Jan20 305 puts (COST200124P305) for $0.02 (no commissions)

BTC 1 COST 24Jan20 302.5 put (COST200124P302.5) for $0.02 (no commissions)

BTC 4 COST 24Jan20 312.5 calls (COST200124C312.5) for $0.05 (no commissions)

BTC 2 COST 24Jan20 315 calls (COST200124C315) for $0.02 (no commissions)

STO 2 COST 31Jan20 305 puts (COST200131P305) for $1.10

STO 1 COST 31Jan20 307.5 put (COST200131P307.5) for $1.80

STO 1 COST 31Jan20 307.5 calls (COST200131C307.5) for $3.80

STO 2 COST 31Jan20 312.5 calls (COST200131C312.5) for $1.45

STO 3 COST 31Jan20 310 calls (COST200131C310) for $2.45

BTO 1 COST 21Feb20 310 put (COST200221P310)
STC 1 COST 21Feb20 300 put (COST200221P300) for a debit of $3.70 (buying a vertical)


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

Happy trading.

Terry