September 17, 2020 Terry’s Tips Trade Alert  - Rising  Tide Portfolio

We need to reduce delta and start rolling to next week:

BTC 2 COST 18Sep20 347.5 puts (COST200918P347.5)
STO 2 COST 25Sep20 337.5 puts (COST200925P337.5) for a debit of $1.90 (selling a diagonal)

BTC 1 COST 18Sep20 345 put (COST200918P345)
STO 1 COST 25Sep20 335 put (COST200925P335) for a debit of $2.20 (selling a diagonal)

BTC 1 COST 18Sep20 352.5 call (COST200918C352.5)
STO 1 COST 25Sep20 342.5 call (COST200925C342.5) for a credit of $5.50 (selling a diagonal)

BTC 2 COST 18Sep20 350 calls (COST200918C350)
STO 2 COST 25Sep20 340 calls (COST200925C340) for a credit of $6.60 (selling a diagonal)

BTO 1 COST 30Oct20 340 call (COST201030C340)
STC 1 COST 16Oct20 350 call (COST201016C350) for a debit of $5.40 (buying a diagonal)

BTO 1 COST 30Oct20 340 call (COST201030C340)
STC 1 COST 16Oct20 355 call (COST201016C355) for a debit of $6.85 (buying a diagonal)


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

Happy trading.

Terry