July 15, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTO 2 COST 23Aug19 282.5 calls (COST190830C282.5)
STC 2 COST 23Aug19 275 calls (COST190823C275) for a credit of $3.75 (buying a diagonal)

BTC 3 COST 19Jul19 277.5 calls (COST190719C277.5) for $3.14

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

Happy trading.

Terry