November 1, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

     

We can use our excess cash to roll out some long positions and add delta:

 

BTO 2 COST 20Dec19 300 puts (COST191220P300)
STC 2 COST 29Nov19 300 puts (COST191129P300) for a debit of $3.45 (buying a calendar)

BTO 2 COST 20Dec19 300 calls (COST191220C300)
STC 2 COST 29Nov19 300 calls (COST191129C300) for a debit of $3.75 (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