July 22, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

COST is not doing as well as the market in general and we are too positive net delta once again:

BTC 4 COST 26Jul19 285 calls (COST190726C285)
STO 4 COST 26Jul19 280 calls (COST190726C280) for a credit of $1.56 (selling a vertical)

BTO 2 COST 30Aug19 280 calls (COST190830C280)
STC 2 COST 30Aug19 285 calls (COST190830C285) for a debit of $2.38 (buying a vertical)

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

Happy trading.

Terry