October 26, 2020 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We remain uncomfortably long:

BTC 1 COST 30Oct20 380 call (COST201030C380)
STC 1 COST 04Dec20 380 call (COST201204C280) for a credit of $5.45 (selling a calendar) (100%)

BTC 1 COST 30Oct20 377.5 call (COST201030C377.5)
STO 1 COST 30Oct20 370 call (COST201030C370) for a credit of $1.55 (selling a vertical) (50%)

BTC 1 COST 30Oct20 377.5 call (COST201030C377.5)
STO 1 COST 30Oct20 372.5 call (COST201030C372.5) for a credit of $0.80 (selling a vertical) (100%)

BTO 1 COST 04Dec20 362.5 call (COST201204C362.5)
STC 1 COST 04Dec20 375 call (COST201204C375) for a debit of $6.85 (buying 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