November 20, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We remain uncomfortably long delta:
 
BTC 1 COST 22Nov19 307.5 call (COST191122C307.5)
STO 1 COST 06Dec19 302.5 call (COST191206C302.5) for a credit of $3.00 (selling a diagonal)

BTC 1 COST 22Nov19 307.5 call (COST191122C307.5)
STO 1 COST 06Dec19 300 call (COST191206C300) for a credit of $4.20 (selling a diagonal)

BTO 1 COST 20Dec19 302.5 call (COST191220C302.5)
STC 1 COST 20Dec19 305 call (COST191220C305) for a debit of $1.15 (buying a vertical)

BTO 1 COST 20Dec19 300 call (COST191220C300)
STC 1 COST 20Dec19 310 call (COST191220C310) for a debit of $4.25 (buying a vertical)


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

Happy trading.

Terry