October 4, 2021 Terry’s Tips Trade Alert - Rising Tide Portfolio

We need to reduce delta:


BTC 1 COST 08Oct21 455 call (COST211008C455)
STC 1 COST 19Nov21 450 call (COST211119C450) for a credit of $7.10 (selling a diagonal) (100%)

BTO 1 COST 17Dec21 435 call (COST211217C435)
STC 1 COST 19Nov21 445 call (COST211119C445) for a debit of $9.00 (buying a diagonal) (100%)

BTC 1 COST 08Oct21 450 call (COST211008C450)
STO 1 COST 08Oct21 442.5 call (COST211008C442.5) for a credit of $1.90 (selling a vertical) (100%)

BTC 1 COST 08Oct21 452.5 put (COST211008P452.5)
STC 1 COST 19Nov21 450 put (COST211119P450) for a credit of $4.90 (selling a diagonal) (100%)

BTC 1 COST 08Oct21 450 put (COST211008P450)
STO 1 COST 08Oct21 435 put (COST211008P435) for a debit of $9.40 (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