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

We need to reduce delta:

BTC 1 COST 05Mar21 340 call (COST210305C340)
STC 1 COST 16Apr21 345 call (COST210416C345) for a credit of $2.70 (selling a diagonal) (100%)

BTC 2 COST 05Mar21 327.5 puts (COST210305P327.5)
STO 2 COST 05Mar21 317.5 puts (COST210305P317.5) for a debit of $6.70 (buying a vertical) (100%)

BTC 1 COST 05Mar21 325 put (COST210305P325)
STO 1 COST 05Mar21 315 put (COST210305P315) for a debit of $5.70 (buying a vertical) (100%)

BTC 1 COST 05Mar21 322.5 put (COST210305P322.5)
STO 1 COST 05Mar21 310 put (COST210305P310) for a debit of $5.65 (buying a vertical) (50%)

BTO 1 COST 16Apr21 315 put (COST210416P315)
STC 1 COST 16Apr21 330 put (COST210416P330) for a credit of $8.40 (selling a vertical) (100%)

BTO 1 COST 16Apr21 315 put (COST210416P315)
STC 1 COST 16Apr21 325 put (COST210416P325) for a credit of $4.90 (selling a vertical) (33%)

BTO 1 COST 16Apr21 310 put (COST210416P310)
STC 1 COST 16Apr21 325 put (COST210416P325) for a credit of $6.60 (selling a vertical) (50%)


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

Happy trading.

Terry