May 12, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We need to raise delta:

BTC 1 COST 19Jun20 305 put (COST200619P305)
STC 1 COST 17Jul20 305 put (COST200717P305) for a credit of $2.50 (selling a calendar)

BTO 1 COST 17Jul20 310 put (COST200717P310)
STC 1 COST 19Jun20 310 put (COST200619P310) for a debit of $2.65 (buying a calendar)

BTC 1 COST 15May20 300 put (COST200515P300)
STC 1 COST 17Jul20 300 put (COST200717P300) for a credit of $8.45 (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