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

We are seriously negative net delta:

BTC 10 COST 12Jul19 270 calls (COST190712C270)
STO 10 COST 12Jul19 275 calls (COST190712C275) for a debit of $4.06 (buying a vertical)

BTO 6 COST 23Aug19 275 calls (COST190823C275)
STC 6 COST 23Aug19 270 calls (COST190823C270) for a credit of $3.07 (selling a vertical)

BTC 1 COST 12Jul19 267.5 put (COST190712P267.5)
STC 1 COST 02Aug19 265 put (COST190802P265) for a credit of $.80 (selling a diagonal)

BTC 1 COST 12Jul19 267.5 put (COST190712P267.5)
STC 1 COST 02Aug19 270 put (COST190802P270) for a credit of $1.54 (selling a diagonal)

BTC 1 COST 12Jul19 267.5 put (COST190712P267.5)
STC 1 COST 16Aug19 265 put (COST190816P265) for a credit of $1.62 (selling a diagonal)

BTC 1 COST 12Jul19 267.5 put (COST190712P267.5)
STC 1 COST 16Aug19 270 put (COST190816P270) for a credit of $2.80 (selling a diagonal)

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

Happy trading.

Terry