June 21, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta. We are also rolling out our long calls to the 20Aug series:

BTC 1 COST 25Jun21 372.5 put (COST210625P372.5) 
STO 1 COST 25Jun21 382.5 put (COST210625P382.5) for a credit of $1.45 (selling a vertical) (100%)

BTC 1 COST 25Jun21 382.5 call (COST210625C382.5) 
STO 1 COST 25Jun21 392.5 call (COST210625C392.5) for a debit of $3.95 (buying a vertical) (100%)

BTO 2 COST 20Aug21 385 calls (COST210820C385)
STC 2 COST 16Jul21 380 calls (COST210716C380) for a debit of $0.90 (buying a diagonal) (100%)

BTO 1 COST 20Aug21 385 call (COST210820C385)
STC 1 COST 16Jul21 385 call (COST210716C385) for a debit of $3.90 (buying a calendar) (100%)

BTO 1 COST 20Aug21 390 call (COST210820C390)
STC 1 COST 16Jul21 390 call (COST210716C390) for a debit of $3.85 (buying a calendar) (100%)


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

Happy trading.

Terry