June 5, 2020 Terry’s Tips Trade Alert  #3 – Rising Tide Portfolio

This completes rolling out to next week and uses our excess cash to buy more spreads:

BTC 2 COST 5Jun20 312.5 calls (COST200605C312.5)
STO 2 COST 12Jun20 312.5 calls (COST200612C312.5) for a credit of $2.20 (selling a calendar)

BTO 1 COST 17Jul20 310 put (COST200717P310)
STO 1 COST 12Jun20 315 put (COST200612P315) for a debit of $2.10 (buying a diagonal)

BTO 1 COST 17Jul20 310 call (COST200717C310)
STO 1 COST 12Jun20 307.5 call (COST200612C307.5) for a debit of $3.50 (buying a diagonal)

BTO 1 COST 17Jul20 310 put (COST200717P310)
STO 1 COST 12Jun20 310 put (COST200612P310) for a debit of $4.90 (buying a calendar)

BTO 1 COST 17Jul20 305 put (COST200717P305)
STO 1 COST 12Jun20 305 put (COST200612P305) for a debit of $4.50 (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