November 25, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 04Dec20 382.5 call (COST201204C382.5)
STO 1 COST 04Dec20 390 call (COST201204C390) for a debit of $4.00 (buying a vertical) (100%)

BTC 1 COST 04Dec20 385 call (COST201204C385)
STO 1 COST 04Dec20 392.5 call (COST201204C392.5) for a debit of $3.30 (buying a vertical) (50%)

BTO 1 COST 15Jan21 395 call (COST210115C395)
STC 1 COST 15Jan21 380 call (COST210115C380) for a credit of $7.60 (selling a vertical) (100%)


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

Happy trading.

Terry