Subject: September 2, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio
September 2, 2020 Terry’s Tips Trade Alert - Rising Tide Portfolio
We have become negative net delta:
BTC 2 COST 04Sep20 350 calls (COST200904C350)
STO 2 COST 04Sep20 357.5 calls (COST200904C357.5) for a debit of $3.50 (buying a vertical)
BTO 1 COST 16Oct20 360 call (COST201016C360)
STC 1 COST 16Oct20 345 call (COST201016C345) 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
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