October 7, 2020 Terry’s Tips Trade Alert  #3 - Rising Tide Portfolio

We remain negative net delta:
 
BTC 2 COST 09Oct20 357.5 puts (COST201009P357.5)
STO 2 COST 16Oct20 365 puts (COST201016P365) for a credit of $4.05 (selling a diagonal) (100%)

BTO 1 COST 20Nov20 365 put (COST201120P365)
STC 1 COST 20Nov20 355 put (COST201120P355) for a debit of $4.35 (buying a vertical) (100%)

BTO 1 COST 20Nov20 365 put (COST201120P365)
STC 1 COST 20Nov20 360 put (COST201120P360) for a debit of $2.40 (buying a vertical) (33%)


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

Happy trading.

Terry