March 4, 2021 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We continue to lower strikes ahead of tonight’s earnings report:

BTC 1 COST 05Mar21 322.5 put (COST210305P322.5)
STC 1 COST 16Apr21 325 put (COST210416P325) for a credit of $8.05 (selling a diagonal) (100%)

BTC 1 COST 05Mar21 337.5 call (COST210305C337.5)
STO 1 COST 05Mar21 327.5 call (COST210305C327.5) for a credit of $1.00 (selling a vertical) (100%)

BTC 1 COST 05Mar21 335 call (COST210305C335)
STO 1 COST 05Mar21 325 call (COST210305C325) for a credit of $1.40 (selling a vertical) (50%)

BTC 1 COST 05Mar21 335 call (COST210305C335)
STO 1 COST 05Mar21 322.5 call (COST210305C322.5) for a credit of $2.10 (selling a vertical) (100%)

BTC 1 COST 05Mar21 332.5 call (COST210305C332.5)
STO 1 COST 05Mar21 320 call (COST210305C320) for a credit of $2.85 (selling a vertical) (100%)

BTO 3 COST 16Apr21 325 calls (COST210416C325)
STC 3 COST 16Apr21 335 calls (COST210416C335) for a debit of $3.70 (buying a vertical) (100%)

BTO 1 COST 16Apr21 315 calls (COST210416C315)
STC 1 COST 16Apr21 330 calls (COST210416C330) for a debit of $6.00 (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