May 15, 2020 Terry’s Tips Trade Alert – Rising Tide Portfolio

We are rolling out our remaining short options to next week. We are also rolling out our remaining long June options to July:

BTC 2 COST 15May20 305 calls (COST200515C305) for $0.05 (no commissions)

STO 2 COST 22May20 297.5 calls (COST200522C297.5) for $4.30

BTO 1 COST 17Jul20 290 call (COST200717C290)
STC 1 COST 19Jun20 305 call (COST200619C305) for a debit of $11.30 (buying a diagonal)

BTC 2 COST 15May20 295 puts (COST200515P295)
STO 2 COST 22May20 295 puts (COST200522P295) for a credit of $3.20 (selling a calendar)

BTO 1 COST 17Jul20 300 put (COST200717P300)
STC 1 COST 19Jun20 300 put (COST200619P300) for a debit of $2.85 (buying a calendar)


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

Happy trading.

Terry