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

We have become uncomfortably long:

BTC 2 COST 30Oct20 375 puts (COST201030P375)
STO 2 COST 30Oct20 367.5 puts (COST201030P367.5) for a debit of $5.20 (buying a vertical) (100%)

BTC 1 COST 30Oct20 372.5 put (COST201030P372.5)
STO 1 COST 30Oct20 365 put (COST201030P365) for a debit of $4.25 (buying a vertical) (100%)

BTO 1 COST 18Dec20 360 put (COST201218P360)
STC 1 COST 18Dec20 380 put (COST201218P380) for a credit of $10.10 (selling a vertical) (100%)

BTO 1 COST 04Dec20 365 put (COST201204P365)
STC 1 COST 04Dec20 375 put (COST201204P375) for a credit of $5.45 (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