October 6, 2020 Terry’s Tips Trade Alert  - Rising Tide Portfolio

We have become negative net delta:
 
BTC 2 COST 09Oct20 357.5 calls (COST201009C357.5)
STO 2 COST 09Oct20 365 calls (COST201009C365) for a debit of $3.70 (buying a vertical) (100%)

BTO 1 COST 20Nov20 370 call (COST201120C370)
STC 1 COST 20Nov20 355 call (COST201120C355) for a credit of $7.25 (selling a vertical) (33%)

BTO 1 COST 20Nov20 360 call (COST201120C360)
STC 1 COST 20Nov20 355 call (COST201120C355) for a credit of $2.70 (selling a vertical) (33%)

BTC 2 COST 09Oct20 352.5 puts (COST201009P352.5)
STO 2 COST 09Oct20 357.5 puts (COST201009P357.5) for a credit of $1.00 (selling a vertical) (100%)

BTO 2 COST 20Nov20 360 puts (COST201120P360)
STC 2 COST 20Nov20 355 puts (COST201120P355) for a debit of $2.30 (buying a vertical) (67%)


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

Happy trading.

Terry