November 18, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 20Nov20 370 put (COST201120P370)
STC 1 COST 18Dec20 365 put (COST201218P365) for a credit of $3.50 (selling a diagonal) (100%)

BTC 1 COST 20Nov20 375 put (COST201120P375)
STO 1 COST 20Nov20 385 put (COST201120P385) for a credit of $1.20 (selling a vertical) (100%)

BTO 1 COST 18Dec20 385 put (COST201218P385)
STC 1 COST 18Dec20 380 put (COST201218P380) for a debit of $2.10 (buying a vertical) (50%)


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

Happy trading.

Terry