January 27, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to reduce delta:

BTC 1 COST 29Jan21 370 call (COST210129C370)
STO 1 COST 29Jan21 360 call (COST210129C360) for a credit of $2.00 (selling a vertical) (100%)

BTC 1 COST 29Jan21 367.5 call (COST210129C367.5)
STO 1 COST 29Jan21 360 call (COST210129C360) for a credit of $1.80 (selling a vertical) (50%)

BTO 1 COST 19Mar21 355 call (COST210319C355)
STC 1 COST 19Mar21 370 call (COST210319C370) for a debit of $6.90 (buying a vertical) (50%)


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

Happy trading.

Terry