June 29, 2021 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We remain negative net delta:

BTC 1 COST 02Jul21 395 call (COST210702C395)
STO 1 COST 02Jul21 405 call (COST210702C405)
BTO 1 COST 20Aug21 405 call (COST210820C405)
STC 1 COST 20Aug21 395 call (COST210820C395) for a credit of $0.40 (selling a vertical roll) (100%)

BTC 1 COST 02Jul21 390 put (COST210702P390)
STO 1 COST 02Jul21 397.5 put (COST210702P397.5)
BTO 1 COST 20Aug21 400 put (COST210820P400)
STC 1 COST 20Aug21 390 put (COST210820P390) for a debit of $3.00 (buying a vertical roll) (100%)


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

Happy trading.

Terry