July 26, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We are a little longer than we would like to be, and this trade will reduce net delta:

BTC 3 COST 26Jul19 282.5 puts (COST190726P282.5)
STO 3 COST 2Aug19 282.5 puts (COST190803P282.5) for a credit of $1.10 (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