January 8, 2021 Terry’s Tips Trade Alert #3 - Rising Tide Portfolio

This completes rolling out to next week and rolls some longs to March:

BTC 1 COST 08Jan21 365 put (COST210108P365)
STO 1 COST 15Jan21 367.5 put (COST210115P367.5) for a credit of $3.70 (selling a diagonal) (100%)

BTO 1 COST 19Mar21 370 put (COST210319P370)
STC 1 COST 19Feb21 380 put (COST210219P380) for a credit of $1.85 (buying a diagonal) (100%)

BTO 1 COST 19Mar21 365 put (COST210319P365)
STC 1 COST 19Feb21 375 put (COST210219P375) for a credit of $0.95 (buying a diagonal) (100%)

BTO 2 COST 19Mar21 360 puts (COST210319P360)
STC 2 COST 19Feb21 365 puts (COST210219P365) for a debit of $2.35 (buying a diagonal) (100%)

BTO 1 COST 19Mar21 360 call (COST210319C360)
STC 1 COST 19Feb21 360 call (COST210219C360) for a debit of $4.40 (buying a calendar) (100%)


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

Happy trading.

Terry