July 30, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio 

The stock is lower at the open and we need to roll down some strikes:

BTC 3 COST 2Aug19 285 calls (COST190802C285)
STO 3 COST 2Aug19 280 calls (COST190802C280) for a credit of $1.47 (selling a vertical)

BTO 2 COST 20Sep19 280 calls (COST190920C280)
STC 2 COST 20Sep19 285 calls (COST190920C285) for a debit of $2.43 (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