October 31, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

     

We need to lower delta and start rolling out to next week:

 

BTC 3 COST 01Nov19 305 calls (COST 191101C305) for $0.03 (no commissions)

STO 3 COST 08Nov19 300 calls (COST191108C300) for $1.50

BTC 4 COST 01Nov19 300 puts (COST191101P300)
STO 4 COST 08Nov19 292.5 puts (COST191108P292.5) for a debit of $2.35 (selling a diagonal)

BTO 3 COST 29Nov19 295 put (COST191129P295)
STC 3 COST 29Nov19 300 put (COST191129P300) for a credit of $2.50 (selling a vertical)

BTO 1 COST 29Nov19 300 call (COST191129C300)
STC 1 COST 29Nov19 305 call (COST191129C305) for a debit of $1.80 (buying a vertical)

BTO 1 COST 29Nov19 297.5 call (COST191129C297.5)
STC 1 COST 29Nov19 305 call (COST191129C305) for a debit of $3.00 (buying a vertical)


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

 

Happy trading.

Terry