September 2, 2020 Terry’s Tips Trade Alert  #2 - Rising  Tide Portfolio

We remain negative net delta:

BTC 1 COST 04Sep20 345 put (COST200904P345)
STO 1 COST 04Sep20 355 put (COST200904P355) for a credit of $1.70 (selling a vertical)

BTO 2 COST 16Oct20 355 puts (COST201016P355)
STC 2 COST 16Oct20 345 puts (COST201016P345) for a debit of $4.10 (buying a vertical)

BTC 2 COST 04Sep20 347.5 puts (COST200904P347.5)
STO 2 COST 04Sep20 352.5 puts (COST200904P352.5) for a credit of $0.75 (selling a vertical)

BTC 2 COST 04Sep20 352.5 calls (COST200904C352.5)
STO 2 COST 04Sep20 362.5 calls (COST200904C362.5) for a debit of $5.20 (buying a vertical)

BTC 2 COST 04Sep20 355 calls (COST200904C355)
STO 2 COST 04Sep20 360 calls (COST200904C360) for a debit of $2.60 (buying a vertical)

BTO 2 COST 16Oct20 365 calls (COST201016C365)
STC 2 COST 16Oct20 350 calls (COST201016C350) for a credit of $7.80 (selling a vertical)


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

Happy trading.

Terry