October 18, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

     

We are rolling out to next week and using excess cash to establish new spreads:

 

BTC 3 COST 18Oct19 305 calls (COST 191018C305) for $0.04 (no commissions)

STO 2 COST 25Oct19 307.5 calls (COST191025C307.5) for $0.90

STO 1 COST 25Oct19 305 call (COST191025C305) for $1.75

STO 1 COST 25Oct19 302.5 put (COST191025P302.5) for $2.00

STO 2 COST 25Oct19 300 puts (COST191025P300) for $1.15

BTC 1 COST 18Oct19 302.5 put (COST191018P302.5)
STO 1 COST 25Oct19 300 put (COST191025P300) for a credit of $1.15 (selling a diagonal)

BTO 1 COST 29Nov19 305 put (COST191129P305)
STO 1 COST 25Oct19 305 put (COST191025P305) for a debit of $4.35 (buying a calendar)

BTO 1 COST 29Nov19 307.5 call (COST191129C307.5)
STO 1 COST 25Oct19 307.5 call (COST191025C307.5) for a debit of $3.95 (buying a calendar)

BTO 1 COST 29Nov19 302.5 call (COST191129C302.5)
STO 1 COST 25Oct19 302.5 call (COST191025C302.5) for a debit of $4.35 (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