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

We have become negative net delta:

BTC 1 COST 06Nov20 362.5 call (COST201106C362.5)
STO 1 COST 06Nov20 372.5 call (COST201106C372.5) for a debit of $6.30 (buying a vertical) (100%)

BTC 1 COST 06Nov20 365 call (COST201106C365)
STO 1 COST 06Nov20 375 call (COST201106C375) for a debit of $5.55 (buying a vertical) (100%)

BTO 1 COST 18Dec20 380 call (COST201218C380)
STC 1 COST 18Dec20 360 call (COST201218C360) for a credit of $10.70 (selling a vertical) (100%)

BTC 1 COST 06Nov20 357.5 put (COST201106P357.5)
STC 1 COST 04Dec20 360 put (COST201204P360) for a credit of $6.40 (selling a diagonal) (50%)


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

Happy trading.

Terry