May 19, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We are lowering delta and raising theta:

BTC 1 COST 21May21 390 call (COST210521C390)
STO 1 COST 21May21 380 call (COST210521C380) for a credit of $2.20 (selling a vertical) (100%)

BTC 1 COST 21May21 385 put (COST210521P385)
STO 1 COST 21May21 377.5 put (COST210521P377.5) for a debit of $5.00 (buying a vertical) (100%)


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

Happy trading.

Terry