July 9, 2020 Terry’s Tips Trade Alert  #3  – Rising  Tide Portfolio

We remain negative net delta:

BTC 3 COST 10Jul20 315 puts (COST200710P315)
STO 3 COST 17Jul20 325 puts (COST200717P325) for a credit of $4.60 (selling a diagonal)

BTO 2 COST 21Aug20 330 puts (COST200821P330)
STC 2 COST 21Aug20 315 puts (COST200821P315) for a debit of $7.00 (buying vertical)

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

Happy trading.

Terry