November 22, 2019 Terry’s Tips Trade Alert #4 – Rising Tide Portfolio

We can use some of our excess cash to roll out some long positions to January:
 
BTO 3 COST 17Jan20 305 calls (COST200117C305)
STC 3 COST 20Dec19 305 calls (COST191220C305) for a debit of $2.05 (buying a calendar)

BTO 1 COST 17Jan20 305 put (COST200117P305)
STC 1 COST 20Dec19 305 put (COST191220P305) for a debit of $1.65 (buying a calendar)


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

Happy trading.

Terry