August 16, 2022 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
We are closing an out-of-the-money put spread to raise delta:
BTC 1 SPY 19Aug22 411 put (SPY220819P411)
STC 1 SPY 16Sep22 412 put (SPY220916P412) for a credit of $3.45 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.