January 31, 2020 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

This will complete our rolls to next week. We are also rolling out some long options:

BTC 3 COST 31Jan20 310 calls (COST200131C310) for $0.03 (no commissions)

BTC 4 COST 31Jan20 312.5 calls (COST200131C312.5) for $0.02 (no commissions)

STO 2 COST 07Feb20 305 calls (COST200207C305) for $3.50

STO 2 COST 07Feb20 307.5 calls (COST200207C307.5) for $2.35

STO 3 COST 07Feb20 310 calls (COST200207C310) for $1.45

BTC 1 COST 31Jan20 305 put (COST200131P305)
STO 1 COST 07Feb20 305 put (COST200207P305) for a credit of $3.30 (selling a calendar)

BTO 1 COST 20Mar20 300 call (COST200320C300)
STC 1 COST 21Feb20 305 call (COST200221C305) for a debit of $7.10 (buying a diagonal)

BTO 1 COST 20Mar20 300 call (COST200320C300)
STC 1 COST 21Feb20 310 call (COST200221C310) for a debit of $9.40 (buying a diagonal)

BTO 1 COST 20Mar20 310 call (COST200320C310)
STC 1 COST 20Mar20 320 call (COST200320C320) for a debit of $3.65 (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