November 4, 2020 Terry’s Tips Trade Alert  - Rising Tide Portfolio

We remain negative net delta:

BTC 1 COST 06Nov20 360 put (COST201106P360)
STC 1 COST 04Dec20 360 put (COST201204P360) for a credit of $2.60 (selling a calendar) (100%)

BTC 1 COST 06Nov20 372.5 call (COST201106C372.5)
STO 1 COST 06Nov20 382.5 call (COST201106C382.5)
BTO 1 COST 04Dec20 380 call (COST201204C380)
STC 1 COST 04Dec20 370 call (COST201204C370) for a debit of $0.50 (selling a vertical roll) (100%)

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

Happy trading.

Terry