March 2, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to reduce delta:

BTC 1 COST 05Mar21 342.5 call (COST210305C342.5)
STO 1 COST 05Mar21 332.5 call (COST210305C332.5) for a credit of $2.45 (selling a vertical) (100%)

BTO 1 COST 16Apr21 330 call (COST210416C330)
STC 1 COST 16Apr21 340 call (COST210416C340) for a debit of $4.75 (buying a vertical) (100%)

BTC 1 COST 05Mar21 335 put (COST210305P335)
STO 1 COST 05Mar21 322.5 put (COST210305P322.5) for a debit of $6.10 (buying a vertical) (100%)

BTO 1 COST 16Apr21 330 put (COST210416P330)
STC 1 COST 16Apr21 340 put (COST210416P340) for a credit of $5.70 (selling a vertical) (100%)


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

Happy trading.

Terry