June 1, 2020 Terry’s Tips Trade Alert #2  – Rising Tide Portfolio

We remain negative net delta:

BTC 1 COST 5Jun20 305 call (COST200605C305)
STO 1 COST 5Jun20 315 call (COST200605C315)
BTO 1 COST 17Jul20 315 call (COST200717C315)
STC 1 COST 17Jul20 305 call (COST200717C305) for a credit of $0.45 (selling a vertical roll)

BTC 1 COST 5Jun20 300 put (COST200605P300)
STO 1 COST 5Jun20 307.5 put (COST200605P307.5)
BTO 1 COST 17Jul20 310 put (COST200717P310)
STC 1 COST 17Jul20 300 put (COST200717P300) for a debit of $2.10 (buying a vertical roll)


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

Happy trading.

Terry