November 18, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become close to negative net delta. We also need to roll out some long positions:
 
BTC 2 COST 22Nov19 300 puts (COST191122P300)
STO 2 COST 22Nov19 305 puts (COST191122P305) for a credit of $1.40 (selling a vertical)

BTO 2 COST 13Dec19 310 calls (COST191213C310)
STC 2 COST 29Nov19 305 calls (COST191129C305) for a debit of $1.90 (buying a diagonal)

BTC 1 COST 22Nov19 305 call (COST191122C305)
STC 1 COST 29Nov19 305 call (COST191129C305) for a credit of $0.90 (selling a calendar)


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

Happy trading.

Terry