November 5, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:
 
BTC 1 COST 08Nov19 292.5 put (COST191108P292.5)
STO 1 COST 08Nov19 300 put (COST191108P300) for a credit of $2.50 (selling a vertical)

BTO 1 COST 29Nov19 300 put (COST191129P300)
STC 1 COST 29Nov19 295 put (COST191129P295) for a debit of $2.20 (buying a vertical)

BTC 2 COST 08Nov19 297.5 calls (COST191108C297.5)
STO 2 COST 08Nov19 305 calls (COST191108C305) for a debit of $2.70 (buying a vertical)


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

Happy trading.

Terry