July 7, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We remain negative net delta:

BTC 2 COST 10Jul20 305 puts (COST 200710P305)
STO 2 COST 10Jul20 312.5 puts (COST 200710P312.5) for a credit of $2.20 (selling a vertical)

BTC 1 COST 10Jul20 305 put (COST 200710P305)
STO 1 COST 10Jul20 315 put (COST 200710P315) for a credit of $4.40 (selling a vertical)

BTO 2 COST 21Aug20 315 puts (COST 200821P315)
STC 2 COST 21Aug 20 305 puts (COST 200821P305) for a debit of $4.60 (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