June 18, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio   

We have become negative net delta:

BTC 3 COST 21Jun19 260 calls (COST190621C260)
STO 3 COST 21Jun19 265 calls (COST190621C265) for a debit of $3.00 (buying a vertical)

BTO 2 COST 02Aug19 265 calls (COST190802C265)
STC 2 COST 02Aug19 260 calls (COST190802C260) for a credit of $2.73 (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