October 14, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have cash tied up in lower-strike long calls that can be used to roll out some long positions and buy more spreads:
 
BTO 1 COST 29Nov19 295 call (COST191129C295)
STC 1 COST 15Nov19 285 call (COST191115C285) for a credit of $6.15 (buying a diagonal)

BTO 2 COST 29Nov19 300 call (COST191129C300)
STC 2 COST 15Nov19 290 call (COST191115C290) for a credit of $5.05 (buying a diagonal)

BTO 1 COST 29Nov19 305 call (COST191129C305)
STC 1 COST 08Nov19 305 call (COST191108C305) for a debit of $1.90 (buying a calendar)

BTO 1 COST 29Nov19 302.5 call (COST191129C302.5)
STC 1 COST 08Nov19 302.5 call (COST191108C302.5) for a debit of $2.00 (buying a calendar)

BTO 1 COST 29Nov19 297.5 put (COST191129P297.5)
STC 1 COST 25Oct19 297.5 put (COST191025P297.5) for a debit of $4.10 (buying a calendar)

BTO 1 COST 29Nov19 302.5 put (COST191129P302.5)
STC 1 COST 08Nov19 302.5 put (COST191108P302.5) for a debit of $2.15 (buying a calendar)

BTO 1 COST 29Nov19 300 call (COST191129C300)
STC 1 COST 15Nov19 295 call (COST191115C295) for a credit of $1.60 (buying a diagonal)

BTO 1 COST 29Nov19 302.5 put (COST191129P302.5)
STO 1 COST 18Oct19 302.5 put (COST191018P302.5) for a debit of $5.00 (buying a calendar)

BTO 1 COST 29Nov19 305 call (COST191129C305)
STO 1 COST 18Oct19 305 call (COST191018C305) for a debit of $4.60 (buying a calendar)


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

Happy trading.

Terry