May 2, 2019 Terry’s Tips Trade Alert   – Rising Tide Portfolio 

We are a little more positive net delta than we like:

BTC 1 COST 03May19 245 put (COST190503P245)
STO 1 COST 10May19 242.5 put (COST190510P242.5) for a debit of $.10 (selling a diagonal)

BTC 1 COST 03May19 247.5 put (COST190503P247.5)
STO 1 COST 10May19 242.5 put (COST190510P242.5) for a debit of $2.48(selling a diagonal)

BTO 1 COST 21Jun19 240 put (COST190621P240)
STC 1 COST 21Jun19 250 put (COST190621P250) for a credit of $5.41 (selling a vertical)

Be prepared to change these prices by $.05 or more in order to get an execution

Happy trading.

Terry