May 21, 2020 Terry’s Tips Trade Alert  – Rising Tide Portfolio

With COST weakening this morning, we have become uncomfortably long:

BTO 1 COST 17Jul20 300 call (COST200717C300)
STC 1 COST 17Jul20 315 call (COST200717C315) for a debit of $7.20 (buying a vertical)

BTC 2 COST 22May20 310 calls (COST200522C310)
STO 2 COST 29May20 302.5 calls (COST200529C302.5) for a credit of $6.80 (selling a diagonal)


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

Happy trading.

Terry