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

     

We have become negative net delta and need to start getting set up for next week:

 

BTC 1 COST 04Oct19 280 put (COST 19100419280) for $0.04 (no commissions)

BTC 1 COST 04Oct19 282.5 put (COST 19100419282.5) for $0.04 (no commissions)

STC 1 COST 25Oct19 280 put (COST 191025P280) for $1.90

BTC 1 COST 04Oct19 285 call (COST191004C285)
STO 1 COST 11Oct19 292.5 call (COST191011C292.5) for a debit of $2.90 (selling a diagonal)

BTC 1 COST 04Oct19 287.5 call (COST191004C287.5)
STO 1 COST 11Oct19 292.5 call (COST191011C292.5) for a debit of $0.50 (selling a diagonal)



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

 

Happy trading.

Terry