October 12, 2020 Terry’s Tips Trade Alert  #3- Rising Tide Portfolio

We remain negative net delta:
 
BTC 1 COST 16Oct20 370 put (COST201016P370)
STO 1 COST 16Oct20 377.5 put (COST201016P377.5) for a credit of $1.80 (selling a vertical) (100%)

BTO 1 COST 20Nov20 380 put (COST201120P380)
STC 1 COST 20Nov20 370 put (COST201120P370) for a debit of $4.40 (buying a vertical) (100%)

BTC 2 COST 16Oct20 375 calls (COST201016C375)
STO 2 COST 16Oct20 382.5 calls (COST201016C382.5) for a debit of $3.80 (buying a vertical) (100%)

BTO 1 COST 20Nov20 385 call (COST201120C385)
STC 1 COST 20Nov20 370 call (COST201120C370) for a credit of $7.90 (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