July 22, 2020 Terry’s Tips Trade Alert  – Rising  Tide Portfolio

We will lower delta by continuing to take positions off:

BTC 3 COST 24Jul20 335 calls (COST200724C335)
STC 3 COST 21Aug20 330 calls (COST200821C330) for a credit of $4.90 (selling a diagonal)

BTC 2 COST 24Jul20 332.5 calls (COST200724C332.5)
STC 2 COST 28Aug20 332.5 calls (COST200828C332.5) for a credit of $4.50 (selling a calendar)


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

Happy trading.

Terry