March 9, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 13Mar20 295 put (COST200313P295)
STO 1 COST 13Mar20 307.5 put (COST200313P307.5) for a credit of $3.50 (selling a diagonal)

BTC 1 COST 13Mar20 300 put (COST200313P300)
STO 1 COST 13Mar20 307.5 put (COST200313P307.5) for a credit of $2.45 (selling a diagonal)


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

Happy trading.

Terry