July 7, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 09Jul21 397.5 call (COST210709C397.5)
STO 1 COST 09Jul21 407.5 call (COST210709C407.5) for a debit of $6.70 (buying a vertical) (100%)

BTO 1 COST 20Aug21 405 call (COST210820C405)
STC 1 COST 20Aug21 395 call (COST210820C395) for a credit of $5.90 (selling a vertical) (100%)

BTC 1 COST 09Jul21 400 call (COST210709C400)
STO 1 COST 09Jul21 410 call (COST210709C410) for a debit of $5.00 (buying a vertical) (100%)

BTO 1 COST 20Aug21 410 call (COST210820C410)
STC 1 COST 20Aug21 400 call (COST210820C400) for a credit of $5.10 (selling a vertical) (33%)


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

Happy trading.

Terry