March 27, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We will start rolling out to next week, starting with the furthest out-of-the-money short options:

BTC 1 COST 27Mar20 270 put (COST200327P270)
STO 1 COST 03Apr20 285 put (COST200403P285) for a credit of $8.00 (selling a diagonal)

BTO 1 COST 15May20 285 put (COST200515P285)
STC 1 COST 15May20 270 put (COST200515P270) for a debit of $6.20 (buying a vertical)

BTC 1 COST 27Mar20 275 put (COST200327P275)
STO 1 COST 03Apr20 275 put (COST200403P275) for a credit of $3.60 (selling a calendar)

BTC 1 COST 27Mar20 295 call (COST200327C295)
STO 1 COST 03Apr20 295 call (COST200403C295) for a credit of $3.90 (selling a calendar)


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

Happy trading.

Terry