January 5, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We are using some of our excess cash to buy more spreads to raise delta and widen our P/L:

BTO 1 COST 19Feb21 385 call (COST210219C385)
STO 1 COST 08Jan21 380 call (COST210108C380) for a debit of $5.50 (buying a diagonal)

BTO 1 COST 19Feb21 365 put (COST210219P365)
STO 1 COST 08Jan21 367.5 put (COST210108P367.5) for a debit of $6.30 (buying a diagonal)

BTO 1 COST 19Feb21 385 call (COST210219C385)
STO 1 COST 08Jan21 382.5 call (COST210108C382.5) for a debit of $6.10 (buying a diagonal)

BTC 1 COST 08Jan21 372.5 call (COST210108C372.5)
STO 1 COST 08Jan21 377.5 call (COST210108C377.5) for a debit of $2.85 (buying a vertical) (100%)


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

Happy trading.

Terry