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

We have become negative net delta:

BTC 1 COST 5Jun20 295 put (COST200605P295)
STO 1 COST 5Jun20 310 put (COST200605P310)
BTO 1 COST 17Jul20 310 put (COST200717P310)
STC 1 COST 17Jul20 295 put (COST200717P295) for a debit of $2.00 (buying a vertical roll)

BTC 1 COST 5Jun20 297.5 put (COST200605P297.5)
STO 1 COST 5Jun20 307.5 put (COST200605P307.5)
BTO 1 COST 17Jul20 305 put (COST200717P305)
STC 1 COST 17Jul20 295 put (COST200717P295) for a debit of $1.15 (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