September 4, 2020 Terry’s Tips Trade Alert  - Rising  Tide Portfolio

We will begin rolling out to next week and reducing delta, starting with puts:

BTC 1 COST 04Sep20 345 put (COST200904P345)
STO 1 COST 11Sep20 342.5 put (COST200911P342.5) for a credit of $2.80 (selling a diagonal)

BTC 1 COST 04Sep20 350 put (COST200904P350)
STO 1 COST 11Sep20 342.5 put (COST200911P342.5) for a debit of $2.00 (selling a diagonal)

BTC 1 COST 04Sep20 347.5 put (COST200904P347.5)
STO 1 COST 11Sep20 340 put (COST200911P340) for a credit of $0.10 (selling a diagonal)

BTC 1 COST 04Sep20 347.5 put (COST200904P347.5)
STO 1 COST 11Sep20 337.5 put (COST200911P337.5) for a debit of $0.90 (selling a diagonal)


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

Happy trading.

Terry