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

We have become negative net delta:

BTC 2 COST 21Jun19 262.5 calls (COST190621C262.5)
STO 2 COST 28Jun19 267.5 call (COST190621C267.5) for a debit of $2.65  (selling a diagonal)

 

BTO 1 COST 02Aug19 270 call (COST190802C270)
STC 1 COST 19Jul19 260 call (COST190719C260) for a credit of $4.95 (buying a diagonal)