January 24, 2020 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We can use our excess cash to buy more spreads:

BTO 1 COST 20Mar20 310 put (COST200320P310)
STO 1 COST 31Jan20 310 put (COST200131P310) for a debit of $6.65 (buying a calendar)

BTO 1 COST 20Mar20 310 call (COST200320C310)
STO 1 COST 31Jan20 310 call (COST200131C310) for a debit of $6.80 (buying a calendar)

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

Happy trading.

Terry