June 21, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are closing two call spreads and opening two put spreads:
BTC 1 COST 21Jun24 870 call (COST 240621C870)
STC 1 COST 19Jul24 870 call (COST 240719C870) for a credit of $13.40 (selling a calendar) (100%)
BTC 1 COST 21Jun24 870 call (COST 240621C870)
STC 1 COST 19Jul24 860 call (COST 240719C860) for a credit of $18.40 (selling a diagonal) (100%)
BTO 1 COST 20Sep24 855 put (COST 240920P855)
STO 1 COST 19Jul24 850 put (COST 240719P850) for a debit of $14.50 (buying a diagonal) (100%)
BTO 1 COST 20Sep24 840 put (COST 240920P840)
STO 1 COST 19Jul24 840 put (COST 240719P840) for a debit of $11.80 (buying a calendar) (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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