June 8, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to reduce delta:

BTC 1 COST 11Jun21 385 put (COST210611P385) 
STO 1 COST 11Jun21 372.5 put (COST210611P372.5) for a debit of $6.55 (buying a vertical) (100%)

BTO 2 COST 16Jul21 375 puts (COST210716P375)
STC 2 COST 16Jul21 385 puts (COST210716P385) for a credit of $5.20 (selling a vertical) (66%)

BTC 1 COST 11Jun21 390 call (COST210611C390) 
STO 1 COST 11Jun21 380 call (COST210611C380) for a credit of $1.30 (selling a vertical) (100%)

BTO 1 COST 16Jul21 380 call (COST210716C380)
STC 1 COST 16Jul21 385 call (COST210716C385) for a debit of $2.15 (buying a vertical) (50%)


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

Happy trading.

Terry