June 4, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 2 COST 07Jun19 240 calls (COST190607C240)  
STO 2 COST 07Jun19 247.5 calls (COST190607C247.5) for a debit of $4.20 (buying a vertical) 

BTC 2 COST 07Jun19 237.5 puts (COST190607P237.5)
STC 2 COST 19Jul19 235 puts (COST190719P235) for a credit of $2.63 (selling a diagonal) 

BTC 2 COST 07Jun19 237.5 puts (COST190607P237.5)
STC 2 COST 19Jul19 240 puts (COST190719P240) for a credit of $4.08 (selling a diagonal) 

BTO 2 COST 19Jul19 245 puts (COST190719P245)
STO 2 COST 07Jun19 245 puts (COST190607P245) for a debit of $4.00 (buying a calendar) 

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

Happy trading.

Terry