January 9, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

With COST surging at the open, we need to raise call strikes and start rolling out to next week:
 
BTC 3 COST 10Jan20 295 calls (COST200110C295)
STO 3 COST 17Jan20 300 calls (COST200117C300) for a debit of $2.00 (selling a diagonal)

BTC 3 COST 10Jan20 297.5 calls (COST200110C297.5)
STO 3 COST 17Jan20 302.5 calls (COST200117C302.5) for a debit of $0.90 (selling a diagonal)

BTO 2 COST 21Feb20 300 calls (COST200221C300)
STC 2 COST 21Feb20 295 calls (COST200221C295) for a credit of $2.50 (selling a vertical)


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

Happy trading.

Terry