June 23, 2020 Terry’s Tips Trade Alert  – Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 26Jun20 300 call (COST200626C300)
STO 1 COST 26Jun20 307.5 call (COST200626C307.5) for a debit of $3.70 (buying a vertical)

BTO 1 COST 21Aug20 305 call (COST200821C305)
STC 1 COST 31Jul20 297.5 call (COST200731C297.5) for a credit of $2.25 (buying a diagonal)

BTC 3 COST 26Jun20 302.5 calls (COST200626C302.5)
STO 3 COST 26Jun20 305 calls (COST200626C305) for a debit of $1.30 (buying a vertical)

BTO 1 COST 21Aug20 310 call (COST200821C310)
STC 1 COST 17Jul20 305 call (COST200717C305) for a debit of $1.40 (buying a diagonal)

BTC 1 COST 26Jun20 295 put (COST200626P295)
STC 1 COST 17Jul20 290 put (COST200717P290) for a credit of $1.70 (selling a diagonal)

BTC 1 COST 26Jun20 295 put (COST200626P295)
STC 1 COST 17Jul20 295 put (COST200717P295) for a credit of $2.75 (selling a calendar)

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

Happy trading.

Terry