June 18, 2020 Terry’s Tips Trade Alert  – Rising Tide Portfolio

We can start rolling out to next week. Also, the August series is now open so we can start rolling out our longs from July to August:

BTC 1 COST 19Jun20 305 put (COST200619P305)
STO 1 COST 26Jun20 300 put (COST200626P300) for a debit of $1.50 (selling a diagonal)

BTC 4 COST 19Jun20 305 calls (COST200619C305)
STO 4 COST 26Jun20 305 calls (COST200626C305) for a credit of $1.60 (selling a calendar)

BTO 1 COST 21Aug20 300 put (COST200821P300)
STC 1 COST 17Jul20 305 put (COST200717P305) for a debit of $1.35 (buying a diagonal)


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

Happy trading.

Terry