October 19, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become uncomfortably long:


BTC 2 COST 23Oct20 382.5 puts (COST201023P382.5)
STO 2 COST 23Oct20 375 puts (COST201023P375) for a debit of $4.70 (buying a vertical) (100%)

BTC 1 COST 23Oct20 380 put (COST201023P380)
STO 1 COST 23Oct20 372.5 put (COST201023P372.5) for a debit of $3.75 (buying a vertical) (100%)

BTO 1 COST 20Nov20 372.5 put (COST201120P372.5)
STC 1 COST 20Nov20 390 put (COST201120P390) for a credit of $9.80 (selling a vertical) (100%)

BTO 1 COST 20Nov20 372.5 put (COST201120P372.5)
STC 1 COST 20Nov20 380 put (COST201120P380) for a credit of $3.70 (selling a vertical) (100%)


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

Happy trading.

Terry