July 9, 2020 Terry’s Tips Trade Alert  #2  – Rising  Tide Portfolio

We remain negative net delta:

BTC 2 COST 10Jul20 317.5 calls (COST200710C317.5)
STO 2 COST 17Jul20 327.5 calls (COST200717C327.5) for a debit of $3.90 (selling a diagonal)

BTO 1 COST 21Aug20 325 call (COST200821C325)
STC 1 COST 21Aug20 315 call (COST200821C315) for a credit of $5.000 (selling vertical)

BTO 1 COST 21Aug20 330 call (COST200821C330)
STC 1 COST 21Aug20 320 call (COST200821C320) for a credit of $5.000 (selling vertical)

BTC 3 COST 10Jul20 312.5 puts (COST200710P312.5)
STO 3 COST 17Jul20 322.5 puts (COST200717P322.5) for a credit of $3.30 (selling a diagonal)

BTO 1 COST 21Aug20 325 put (COST200821P325)
STC 1 COST 21Aug20 305 put (COST200821P305) for a debit of $6.80 (buying vertical)

BTO 1 COST 21Aug20 325 put (COST200821P325)
STC 1 COST 21Aug20 315 put (COST200821P315) for a debit of $4.30 (buying vertical)

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

Happy trading.

Terry