October 17, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

We are negative net delta and will start rolling out to next week:
 
BTC 1 COST 18Oct19 295 put (COST191018P295)
STO 1 COST 25Oct19 300 put (COST191025P300) for a credit of $1.80 (selling a diagonal)

BTC 2 COST 18Oct19 297.5 puts (COST191018P297.5)
STO 2 COST 25Oct19 302.5 puts (COST191025P302.5) for a credit of $2.70 (selling a diagonal)

BTO 2 COST 15Nov19 300 puts (COST191115P300)
STC 2 COST 15Nov19 295 puts (COST191115P295) for a debit of $1.75 (buying a vertical)

BTO 1 COST 29Nov19 302.5 put (COST191129P302.5)
STC 1 COST 29Nov19 297.5 put (COST191129P297.5) for a debit of $2.05 (buying a vertical)

BTC 2 COST 18Oct19 300 calls (COST191018C300)
STO 2 COST 25Oct19 302.5 calls (COST191025C302.5) for a debit of $0.05 (selling a diagonal)
 

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

Happy trading.

Terry