July 5, 2019 Terry’s Tips Trade Alert #5 – Rising Tide Portfolio

We will continue getting set up for next week.  We will use the cash we generate to extend the life of some long calls:

BTC 2 COST 05Jul19 267.5 puts (COST190705P267.5) for a limit of $.05 (no commission)

If that trade executes:

STO 2 COST 12Jul19 267.5 puts (COST190712P267.5) for $1.71

BTO 3 COST 23Aug19 270 calls (COST190823C270)
STC 3 COST 02Aug19 270 calls (COST190802C270) for a debit of $1.63 (buying a calendar)

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

Happy trading.

Terry