June 30, 2020 Terry’s Tips Trade Alert  – Rising Tide Portfolio

We have become negative net delta:

BTC 2 COST 02Jul20 297.5 calls (COST200702C297.5)
STO 2 COST 02Jul20 302.5 calls (COST200702C302.5) for a debit of $3.80 (buying a vertical)

BTO 1 COST 21Aug20 305 call (COST200821C305)
STC 1 COST 21Aug20 295 call (COST200821C295) for a credit of $5.70 (selling a vertical)

BTC 1 COST 02Jul20 295 put (COST200702P295)
STO 1 COST 02Jul20 305 put (COST200702P305) for a credit of $3.00 (selling a vertical)

BTO 1 COST 21Aug20 305 put (COST200821P305)
STC 1 COST 21Aug20 290 put (COST200821P290) for a debit of $5.90 (buying a vertical)


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

Happy trading.

Terry