November 14, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:
 
BTC 3 COST 15Nov19 300 puts (COST191115P300)
STO 3 COST 22Nov19 305 puts (COST191122P305) for a credit of $2.65 (selling a diagonal)

BTO 1 COST 20Dec19 305 put (COST191220P305)
STC 1 COST 29Nov19 302.5 put (COST191129P302.5) for a debit of $5.40 (buying a diagonal)


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

Happy trading.

Terry