June 5, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have become negative net delta:

BTC 3 COST 07Jun19 245 calls (COST190607C245)
STO 3 COST 07Jun19 250 calls (COST190607C250) for a debit of $2.99 (buying a vertical)

BTO 1 COST 19Jul19 250 call (COST190719C250)
STC 1 COST 19Jul19 240 call (COST190719C240) for a credit of $6.35 (selling a vertical)

BTO 1 COST 19Jul19 250 call (COST190719C250)
STC 1 COST 19Jul19 245 call (COST190719C245) for a credit of $2.87 (selling a vertical)

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

Happy trading.

Terry