June 4, 2020 Terry’s Tips Trade Alert  #2 – Rising Tide Portfolio

We will continue to roll out our lowest strikes to increase delta and add theta:

BTC 2 COST 5Jun20 305 puts (COST200605P305)
STO 2 COST 12Jun20 312.5 puts (COST200612P312.5) for a credit of $3.70 (selling a diagonal)

BTO 1 COST 17Jul20 320 put (COST200717P320)
STC 1 COST 17Jul20 305 put (COST200717P305) for a debit of $6.80 (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