November 3, 2020 Terry’s Tips Trade Alert  #2 - Rising Tide Portfolio

We remain negative net delta:

BTC 1 COST 06Nov20 357.5 put (COST201106P357.5)
STC 1 COST 04Dec20 360 put (COST201204P360) for a credit of $5.25 (selling a diagonal) (100%)

BTC 1 COST 06Nov20 367.5 call (COST201106C367.5)
STO 1 COST 06Nov20 377.5 call (COST201106C377.5) for a debit of $5.50 (buying a vertical) (100%)

BTC 2 COST 06Nov20 370 calls (COST201106C370)
STO 2 COST 06Nov20 380 calls (COST201106C380) for a debit of $4.55 (buying a vertical) (100%)

BTO 1 COST 04Dec20 380 call (COST201204C380)
STC 1 COST 04Dec20 365 call (COST201204C365) for a credit of $8.10 (selling a vertical) (100%)

BTO 1 COST 04Dec20 385 call (COST201204C385)
STC 1 COST 04Dec20 370 call (COST201204C370) for a credit of $6.20 (selling a vertical) (50%)

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

Happy trading.

Terry