September 3, 2020 Terry’s Tips Trade Alert  #2 - Rising  Tide Portfolio

We need to further reduce delta:

BTC 2 COST 04Sep20 360 calls (COST200904C360)
STO 2 COST 11Sep20 350 calls (COST200911C350) for a credit of $5.00 (selling a diagonal)

BTO 1 COST 16Oct20 355 call (COST201016C355)
STC 1 COST 16Oct20 365 call (COST201016C365) for a debit of $3.60 (buying a vertical)

BTO 1 COST 16Oct20 350 call (COST201016C350)
STC 1 COST 16Oct20 360 call (COST201016C360) for a debit of $4.30 (buying a vertical)


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

Happy trading.

Terry