July 9, 2020 Terry’s Tips Trade Alert  #4  – Rising  Tide Portfolio

We remain negative net delta:

BTC 1COST 10Jul20 317.5 put (COST200710P317.5)
STO 1 COST 17Jul20 322.5 put (COST200717P322.5) for a credit of $2.80 (selling a diagonal)

BTO 1 COST 21Aug20 320 put (COST200821P320)
STC 1 COST 21Aug20 315 put (COST200821P315) for a debit of $1.90 (buying a vertical)

BTC 3 COST 10Jul20 320 calls (COST200710C320)
STO 3 COST 10Jul20 327.5 calls (COST200710C327.5) for a debit of $5.10 (buying a vertical)

BTO 1 COST 21Aug20 330 call (COST200821C330)
STC 1 COST 21Aug20 315 call (COST200821C315) for a credit of $8.50 (selling a vertical)

BTO 1 COST 21Aug20 325 call (COST200821C325)
STC 1 COST 21Aug20 315 call (COST200821C315) for a credit of $6.00 (selling a vertical)
 
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry