January 31, 2020 Terry’s Tips Trade Alert #4 – Rising Tide Portfolio

We have excess cash that we can use to roll out some long positions:

BTO 1 COST 20Mar20 300 put (COST200320P300)
STC 1 COST 21Feb20 305 put (COST200221P305) for a debit of $1.65 (buying a diagonal)

BTO 1 COST 20Mar20 305 put (COST200320P305)
STC 1 COST 21Feb20 307.5 put (COST200221P307.5) for a debit of $2.50 (buying a diagonal)

BTO 1 COST 20Mar20 305 put (COST200320P305)
STC 1 COST 21Feb20 310 put (COST200221P310) for a debit of $1.00 (buying a diagonal)


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

Happy trading.

Terry