May 22, 2020 Terry’s Tips Trade Alert #3  – Rising Tide Portfolio

We have excess cash to buy more spreads:


BTO 1 COST 17Jul20 305 put (COST200717P305)
STO 1 COST 29May20 305 put (COST200529P305) for a debit of $5.60 (buying a calendar)

BTO 1 COST 17Jul20 295 put (COST200717P295)
STO 1 COST 29May20 295 put (COST200529P295) for a debit of $6.00 (buying a calendar)

BTO 1 COST 17Jul20 310 call (COST200717C310)
STO 1 COST 29May20 310 call (COST200529C310) for a debit of $5.30 (buying a calendar)

BTO 1 COST 17Jul20 300 call (COST200717C300)
STO 1 COST 29May20 300 call (COST200529C300) for a debit of $6.00 (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