June 20, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

     

We have become negative net delta:

 

BTC 6 COST 21Jun19 262.5 calls (COST190621C262.5)

STO 6 COST 28Jun19 267.5 calls (COST190628C267.5) for a debit of $2.37 (selling a diagonal)

 

BTC 2 COST 21Jun19 262.5 calls (COST190621C262.5)

STO 2 COST 28Jun19 270 calls (COST190628C270) for a debit of $4.82 (selling a diagonal)

 

BTO 3 COST 02Aug19 270 calls (COST190802C270)

STC 3 COST 19Jul19 260 calls (COST190719C260) for a credit of $3.36 (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