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

We are uncomfortably long delta:
 
BTC 3 COST 22Nov19 305 puts (COST191122P305)
STO 3 COST 22Nov19 300 puts (COST191122P300) for a debit of $2.55 (buying a vertical)

BTO 3 COST 20Dec19 300 puts (COST191220P300)
STC 3 COST 20Dec19 305 puts (COST191220P305) for a credit of $2.35 (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