October 16, 2020 Terry’s Tips Trade Alert  - Rising Tide Portfolio

With COST up 2% at the open, we need to raise strikes and roll out to next week:
 
BTC 1 COST 16Oct20 372.5 put (COST201016P372.5) for $0.05 (100%)

BTC 2 COST 16Oct20 375 puts (COST201016P375) for $0.05 (100%)

STO 2 COST 23Oct20 382.5 puts (COST201023P382.5) for $3.25

BTO 1 COST 20Nov20 390 put (COST201120P390)
STC 1 COST 20Nov20 375 put (COST201120P375) for a debit of $7.10 (buying a vertical) (33%)

BTC 2 COST 23Oct20 375 calls (COST201023C375)
STO 2 COST 23Oct20 387.5 calls (COST201023C387.5)
BTO 2 COST 20Nov20 385 calls (COST201120C385)
STC 2 COST 20Nov20 375 calls (COST201120C375) for a debit of $2.05 (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