October 23, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

With COST lower this morning, we need to reduce delta by lowering some strikes:
 
BTC 1 COST 25Oct19 310 call (COST191025C310) for $0.03 (no commissions)

BTC 5 COST 25Oct19 307.5 calls (COST191025C307.5) for $0.05 (no commissions)

STO 3 COST 25Oct19 302.5 calls (COST191025C302.5) for $0.28

STO 2 COST 25Oct19 300 calls (COST191025C300) for $0.80

STC 1 COST 29Nov19 310 call (COST191129C310) for $1.80

BTC 3 COST 25Oct19 305 puts (COST191025P305)
STO 3 COST 25Oct19 297.5 puts (COST191025P297.5) for a debit of $5.65 (buying a vertical)

BTO 2 COST 15Nov19 297.5 puts (COST191115P297.5)
STC 2 COST 15Nov19 305 puts (COST191115P305) for a credit of $4.30 (selling a vertical)

BTO 1 COST 29Nov19 297.5 put (COST191129P297.5)
STC 1 COST 29Nov19 305 put (COST191129P305) for a credit of $4.15 (selling a vertical)


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

Happy trading.

Terry