June 11, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 14Jun19 255 call (COST190614C255)
STO 1 COST 19Jul19 255 call (COST190719C255) for a credit of $3.96 (selling a calendar)

BTC 2 COST 14Jun19 255 calls (COST190614C255)
STO 2 COST 14Jun19 262.5 calls (COST190614C262.5) for a debit of $3.91 (buying a calendar)

BTC 1 COST 14Jun19 255 call (COST190614C255)
STO 1 COST 14Jun19 260 call (COST190614C260) for a debit of $3.21 (buying a vertical)

BTO 1 COST 19Jul19 265 call (COST190719C265)
STC 1 COST 19Jul19 255 call (COST190719C255) for a credit of $2.91 (selling a vertical) 

BTO 2 COST 19Jul19 260 calls (COST190719C260)
STC 2 COST 19Jul19 255 calls (COST190719C255) for a credit of $5.10 (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