May 1, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We will begin rolling out to next week, starting with the puts:

BTC 1 COST 01May20 305 put (COST200501P305)
STO 1 COST 08May20 302.5 put (COST200508P302.5) for a credit of $3.15 (selling a diagonal)

BTC 1 COST 01May20 305 put (COST200501P305)
STO 1 COST 08May20 297.5 put (COST200508P297.5) for a credit of $1.25 (selling a diagonal)

BTC 1 COST 01May20 300 put (COST200501P300)
STO 1 COST 08May20 300 put (COST200508P300) 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