October 22, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio

We have become too long:

BTC 2 COST 23Oct20 387.5 calls (COST201023C387.5)
STC 2 COST 20Nov20 387.5 calls (COST201120C387.5) for a credit of $5.40 (selling a calendar) (100%)

BTC 1 COST 23Oct20 385 calls (COST201023C385)
STO 1 COST 30Oct20 375 calls (COST201030C375) for a credit of $3.60 (selling a diagonal) (100%)

BTO 1 COST 20Nov20 375 calls (COST201120C375)
STC 1 COST 20Nov20 385 calls (COST201120C385) for a debit of $3.80 (buying a vertical) (50%)

BTC 1 COST 23Oct20 380 put (COST201023P380)
STO 1 COST 23Oct20 372.5 put (COST201023P372.5)
BTO 1 COST 20Nov20 372.5 put (COST201120P372.5)
STC 1 COST 20Nov20 380 put (COST201120P380) for a debit of $1.20 (buying 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