March 3, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to reduce delta:

BTC 2 COST 05Mar21 332.5 puts (COST210305P332.5)
STO 2 COST 05Mar21 320 puts (COST210305P320) for a debit of $7.20 (buying a vertical) (100%)

BTO 1 COST 16Apr21 320 put (COST210416P320)
STC 1 COST 16Apr21 335 put (COST210416P335) for a credit of $7.90 (selling a vertical) (100%)

BTO 2 COST 16Apr21 320 puts (COST210416P320)
STC 2 COST 16Apr21 330 puts (COST210416P330) for a credit of $4.80 (selling a vertical) (66%)

BTC 1 COST 05Mar21 330 put (COST210305P330)
STO 1 COST 05Mar21 322.5 put (COST210305P322.5) for a debit of $4.40 (buying 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