September 18, 2020 Terry’s Tips Trade Alert  #3 - Rising  Tide Portfolio

With our excess cash, we are adding two spreads and rolling out some long puts to November:

BTO 2 COST 20Nov20 315 puts (COST201120P315)
STO 2 COST 25Sep20 330 puts (COST200925P330) for a debit of $2.75 (buying a diagonal)

BTC 2 COST 25Sep20 337.5 puts (COST200925P337.5)
STO 2 COST 25Sep20 327.5 puts (COST200925P327.5) for a debit of $5.00 (buying a vertical)

BTO 2 COST 20Nov20 335 puts (COST201120P335)
STC 2 COST 16Oct20 345 puts (COST201016P345) for a credit of $0.90 (buying a diagonal)

BTO 2 COST 20Nov20 345 puts (COST201120P345)
STC 2 COST 16Oct20 350 puts (COST201016P350) for a debit of $0.50 (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