November 20, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We remain uncomfortably long delta:
 
BTC 2 COST 22Nov19 310 calls (COST191122C310)
STO 2 COST 06Dec19 305 calls (COST191206C305) for a credit of $2.80 (selling a diagonal)

BTO 2 COST 13Dec19 305 calls (COST191213C305)
STC 2 COST 13Dec19 310 calls (COST191213C310) for a debit of $2.00 (buying a vertical)

BTC 2 COST 22Nov19 305 puts (COST191122P305)
STO 2 COST 22Nov19 297.5 puts (COST191122P297.5) for a debit of $3.55 (buying a vertical)

BTO 1 COST 06Dec19 297.5 put (COST191206P297.5)
STC 1 COST 06Dec19 305 put (COST191206P305) for a credit of $3.40 (selling a vertical)

BTO 1 COST 20Dec19 297.5 put (COST191220P297.5)
STC 1 COST 20Dec19 305 put (COST191220P305) for a credit of $3.45 (selling a vertical)


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

Happy trading.

Terry