May 3, 2024 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

May 3, 2024 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio


We are raising delta:    


BTC 1 COST 17May24 740 call (COST 240517C740)
STO 1 COST 17May24 765 call (COST 240517C765)
BTO 1 COST 21Jun24 765 call (COST 240621C765)
STC 1 COST 21Jun24 740 call (COST 240621C740) for a credit of $1.90 (selling a vertical roll) (100%)

BTC 1 COST 17May24 715 put (COST 240517P715)
STO 1 COST 17May24 740 put (COST 240517P740)
BTO 1 COST 21Jun24 740 put (COST240621P740)
STC 1 COST 21Jun24 715 put (COST240621P715) for a debit of $2.90 (selling a vertical roll) (100%)


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

Happy trading.

Jon