June 16, 2020 Terry’s Tips Trade Alert  #2 – Rising Tide Portfolio

We remain negative net delta:

BTC 1 COST 19Jun20 292.5 put (COST200619P292.5)
STC 1 COST 17Jul20 290 put (COST200717P90) for a credit of $3.30 (selling a diagonal)

BTC 1 COST 19Jun20 292.5 put (COST200619P292.5)
STO 1 COST 19Jun20 305 put (COST200619P305) for a credit of $4.20 (selling a vertical)
 
BTO 1 COST 17Jul20 300 put (COST200717P300)
STC 1 COST 17Jul20 290 put (COST200717P290) for a debit of $3.40 (buying a vertical)


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

Happy trading.

Terry