June 28, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We will use the cash we have generated to add on two put spreads at a lower strike:

BTO 1 COST 16Aug19 265 put (COST190816P265)
STO 1 COST 5Jul19 262.5 put (COST190705P262.5) for a debit of $5.36 (buying a diagonal)

BTO 1 COST 16Aug19 260 put (COST190816P260)
STO 1 COST 5Jul19 262.5 put (COST190705P262.5) for a debit of $3.27 (buying a diagonal)

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

Happy trading.

Terry