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

We have become negative net delta:

BTC 1 COST 19Jun20 287.5 put (COST200619P287.5)
STO 1 COST 19Jun20 300 put (COST200619P300) for a credit of $2.00 (selling a vertical)

BTC 2 COST 19Jun20 290 puts (COST200619P290)
STO 2 COST 19Jun20 302.5 puts (COST200619P302.5) for a credit of $3.00 (selling a vertical)
 
BTO 2 COST 17Jul20 305 puts (COST200717P305)
STC 2 COST 17Jul20 290 puts (COST200717P290) for a debit of $5.90 (buying a vertical)

BTC 3 COST 19Jun20 295 calls (COST200619C295)
STO 3 COST 19Jun20 305 calls (COST200619C305) 
BTO 3 COST 17Jul20 305 calls (COST200717C305)
STC 3 COST 17Jul20 295 calls (COST200717C295) for a debit of $0.30 (selling a vertical roll)

BTO 1 COST 17Jul20 295 put (COST200717P295)
STC 1 COST 17Jul20 290 put (COST200717P290) for a debit of $1.50 (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