July 31, 2020 Terry’s Tips Trade Alert  #3 – Rising  Tide Portfolio

This completes rolling over and uses some of our cash to buy more spreads:

BTC 1 COST 31Jul20 322.5 call (COST200731C322.5)
STO 1 COST 07Aug20 322.5 call (COST200807C322.5) for a credit of $2.50 (selling a calendar)

BTO 1 COST 18Sep20 325 call (COST200918C325)
STO 1 COST 07Aug20 322.5 call (COST200807C322.5) for a debit of $5.00 (buying a diagonal)

BTO 1 COST 16Oct20 320 put (COST201016P320)
STO 1 COST 07Aug20 325 put (COST200807P325) for a debit of $7.70 (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