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

We have become negative net delta:
 
BTC 2 COST 16Oct20 367.5 calls (COST201016C367.5)
STO 2 COST 16Oct20 375 calls (COST201016C375) for a debit of $4.50 (buying a vertical) (100%)

BTO 1 COST 20Nov20 375 call (COST201120C375)
STC 1 COST 20Nov20 360 call (COST201120C360) for a credit of $8.70 (selling a vertical) (100%)

BTC 2 COST 16Oct20 370 calls (COST201016C370)
STO 2 COST 16Oct20 377.5 calls (COST201016C377.5) for a debit of $3.45 (buying a vertical) (100%)

BTO 1 COST 20Nov20 375 call (COST201120C375)
STC 1 COST 20Nov20 365 call (COST201120C365) for a credit of $5.40 (selling a vertical) (50%)

BTC 1 COST 16Oct20 362.5 put (COST201016P362.5)
STO 1 COST 16Oct20 370 put (COST201016P370) for a credit of $1.25 (selling a vertical) (100%)

BTO 1 COST 20Nov20 370 put (COST201120P370)
STC 1 COST 20Nov20 365 put (COST201120P365) for a debit of $2.10 (buying a vertical) (25%)


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

Happy trading.

Terry