November 15, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We can use our excess cash to roll out some long positions::
 
BTO 1 COST 20Dec19 310 call (COST191220C310)
STC 1 COST 29Nov19 300 call (COST191129C300) for a credit of $0.35 (buying a diagonal)

BTO 2 COST 20Dec19 305 calls (COST191220C305)
STC 2 COST 29Nov19 302.5 calls (COST191129C302.5) for a debit of $3.45 (buying a diagonal)

BTO 3 COST 20Dec19 305 puts (COST191220P305)
STC 3 COST 29Nov19 307.5 puts (COST191129P307.5) for a debit of $2.80 (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