September 29, 2020 Terry’s Tips Trade Alert  #2 - Rising Tide Portfolio

We remain negative net delta:

BTC 1 COST 02Oct20 350 call (COST201002C350)
STO 1 COST 02Oct20 357.5 call (COST201002C357.5) for a debit of $3.70 (buying a vertical)

BTO 1 COST 20Nov20 355 call (COST201120C355)
STC 1 COST 20Nov20 350 call (COST201120C350) for a credit of $2.60 (selling a vertical)

BTC 1 COST 02Oct20 345 put (COST201002P345)
STO 1 COST 02Oct20 355 put (COST201002P355)
BTO 1 COST 20Nov20 355 put (COST201120P355)
STC 1 COST 20Nov20 345 put (COST201120P345) for a debit of $1.40 (buying a vertical roll)


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

Happy trading.

Terry