June 26, 2020 Terry’s Tips Trade Alert  #2 – Rising Tide Portfolio

We complete rolling out to next week and lower delta:

BTC 2 COST 26Jun20 297.5 puts (COST200626P297.5)
STO 2 COST 02Jul20 295 puts (COST200702P295) for a credit of $2.00 (selling a diagonal)

BTC 2 COST 26Jun20 297.5 puts (COST200626P297.5)
STO 2 COST 02Jul20 292.5 puts (COST200702P292.5) for a credit of $1.20 (selling a diagonal)
 
BTC 2 COST 02Jul20 307.5 calls (COST200702C307.5)
STO 2 COST 02Jul20 297.5 calls (COST200702C297.5)
BTO 2 COST 21Aug20 295 calls (COST200821C295)
STC 2 COST 21Aug20 305 calls (COST200821C305) for a debit of $2.25 (selling a vertical roll)


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

Happy trading.

Terry