October 4, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

     

We need to add delta and get set up for next week:

 

BTC 3 COST 04Oct19 285 puts (COST 19100419P285) for $0.04 (no commissions)

STO 1 COST 11Oct19 290 put (COST 19101119P290) for $2.80

STO 2 COST 11Oct19 292.5 puts (COST 19101119P292.5) for $4.00

STO 1 COST 11Oct19 295 put (COST 19101119P295) for $5.50

BTC 2 COST 04Oct19 290 calls (COST191004C290)
STO 2 COST 11Oct19 295 calls (COST191011C295) for a credit of $0.50 (selling a diagonal)

BTC 1 COST 04Oct19 292.5 call (COST191004C292.5)
STO 1 COST 11Oct19 297.5 call (COST191011C297.5) for a credit of $0.90 (selling a diagonal)

BTC 1 COST 04Oct19 295 call (COST191004C295)
STO 1 COST 11Oct19 300 call (COST191011C300) for a credit of $0.55 (selling a diagonal)

BTO 1 COST 25Oct19 295 put (COST191025P295)
STC 1 COST 25Oct19 285 put (COST191025P285) for a debit of $4.45 (buying a vertical)

BTO 1 COST 08Nov19 295 put (COST191108P295)
STC 1 COST 08Nov19 282.5 put (COST191108P282.5) for a debit of $5.30 (buying a vertical)

BTO 2 COST 15Nov19 290 puts (COST191115P290)
STC 2 COST 15Nov19 285 puts (COST191115P285) for a debit of $2.05 (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