June 7, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have cash to put to use, and to get us longer:

BTO 2 COST 19Jul19 260 calls (COST190719C260)
STO 2 COST 14Jun19 257.5 calls (COST190614C257.5) for a debit of $2.67 (buying a diagonal) 

BTO 1 COST 19Jul19 255 call (COST190719C255)
STO 1 COST 14Jun19 255 call (COST190614C255) for a debit of $4.00 (buying a calendar)

BTC 2 COST 14Jun19 250 puts (COST190614P250)
STO 2 COST 14Jun19 255 puts (COST190614P255) for a credit of $1.62 (selling a vertical)

BTO 2 COST 19Jul19 255 puts (COST190719P255)
STC 2 COST 19Jul19 250 puts (COST190719P250) for a debit of $2.00 (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