July 2, 2020 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We will add a few spreads with our excess cash:

BTO 2 COST 21Aug20 305 puts (COST200821P305)
STO 2 COST 10Jul20 305 puts (COST200710P305) for a debit of $5.80 (buying a calendar)

BTO 1 COST 21Aug20 310 call (COST200821C310)
STO 1 COST 10Jul20 307.5 call (COST200710C307.5) for a debit of $4.30 (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