July 11, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We are still negative net delta:

BTC 2 COST 12Jul19 272.5 calls (COST190712C272.5)
STO 2 COST 12Jul19 277.5 calls (COST190712C277.5) for a debit of $2.57 (selling a diagonal)

BTO 2 COST 30Aug19 275 calls (COST190830C275)
STC 2 COST 23Aug19 270 calls (COST190823C270) for a credit of $2.69 (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