September 10, 2020 Terry’s Tips Trade Alert  #3 - Rising  Tide Portfolio

We continue to reduce delta:

BTC 1 COST 11Sep20 345 put (COST200911P345)
STO 1 COST 18Sep20 337.5 put (COST200918P337.5) for a debit of $1.15 (selling a diagonal)

BTC 1 COST 11Sep20 350 call (COST200911C350)
STO 1 COST 18Sep20 340 call (COST200918C340) for a credit of $5.00 (selling a diagonal)

BTO 1 COST 16Oct20 340 call (COST201016C340)
STC 1 COST 16Oct20 350 call (COST201016C350) for a debit of $4.20 (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