March 16, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We can use our cash to roll out the two remaining April calls to May and add a calendar spread:

BTO 2 COST 15May20 295 call (COST200515C295)
STC 2 COST 17Apr20 295 call (COST200417C295) for a debit of $5.30 (buying a calendar)

BTO 1 COST 15May20 295 call (COST200515C295)
STO 1 COST 27Mar20 295 call (COST200327C295) for a debit of $11.30 (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