January 25, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become overly long:

BTC 1 COST 29Jan21 365 put (COST210129P365)
STO 1 COST 29Jan21 355 put (COST210129P355)
BTO 1 COST 19Mar21 355 put (COST210319P355)
STC 1 COST 19Mar21 365 put (COST210319P365) for a debit of $0.20 (buying a vertical roll) (100%)

BTC 1 COST 29Jan21 362.5 put (COST210129P362.5)
STO 1 COST 29Jan21 352.5 put (COST210129P352.5)
BTO 1 COST 19Mar21 350 put (COST210319P350)
STC 1 COST 19Mar21 360 put (COST210319P360) for a credit of $0.00 (buying a vertical roll) (100%)


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

Happy trading.

Terry