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

We can reduce the uncomfortably long delta by rolling out some in-the-money short puts:
 
BTC 2 COST 22Nov19 302.5 puts (COST191122P302.5)
STO 2 COST 06Dec19 300 puts (COST191206P300) for a credit of $1.00 (selling a diagonal)


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

Happy trading.

Terry