August 27, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are raising strikes:
BTC 1 COST 20Sep24 835 put (COST 240920P835)
STC 1 COST 18Oct24 835 put (COST 241018P835) for a credit of $7.00 (selling a calendar) (100%)
BTO 1 COST 18Oct24 895 put (COST 241018P895)
STO 1 COST 20Sep24 895 put (COST 240920P895) for a debit of $12.90 (buying a calendar)
BTC 1 COST 20Sep24 895 call (COST 240920C895)
STO 1 COST 20Sep24 925 call (COST 240920C925) for a debit of $13.70 (buying a vertical) (100%)
BTO 1 COST 18Oct24 925 call (COST 241018C925)
STC 1 COST 18Oct24 895 call (COST 241018C895) for a credit of $14.60 (selling a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
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