June 21, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

    

We have become negative net delta once again:

 

BTC 4 COST 21Jun19 265 calls (COST190621C265)

STO 4 COST 28Jun19 270 calls (COST190628C270) for a debit of $1.35 (selling a diagonal)

 

BTO 1 COST 02Aug19 270 call (COST190802C270)

STC 1 COST 19Jul19 265 call (COST190719C265) for a credit of $1.43 (buying a diagonal)

 

BTO 2 COST 02Aug19 270 calls (COST190802C270)

STC 2 COST 02Aug19 265 calls (COST190802C265) for a credit of $2.70 (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