October 20, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become negative net delta:

BTC 1 COST 23Oct20 370 put (COST201023P370)
STO 1 COST 23Oct20 377.5 put (COST201023P377.5) for a credit of $1.70 (selling a vertical) (100%)

BTC 1 COST 23Oct20 377.5 call (COST201023C377.5)
STO 1 COST 23Oct20 385 call (COST201023C385) for a debit of $3.10 (buying a vertical) (50%)

BTO 1 COST 20Nov20 387.5 call (COST201120C387.5)
STC 1 COST 20Nov20 380 call (COST201120C380) for a credit of $3.25 (selling a vertical) (33%)


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

Happy trading.

Terry