August 6, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are closing spreads to lower delta:
BTC 1 DIS 08Aug25 131 call (DIS250808C131)
STC 1 DIS 19Sep25 125 call (DIS250919C125) for a credit of $0.60 (buying a diagonal)
BTC 1 DIS 08Aug25 129 call (DIS250808C129)
STC 1 DIS 19Sep25 125 call (DIS250919C125) for a credit of $0.60 (buying a diagonal)
BTC 1 DIS 08Aug25 127 call (DIS250808C127)
STC 1 DIS 19Sep25 130 call (DIS250919C120) for a credit of $0.25 (buying a diagonal)
BTC 1 DIS 08Aug25 125 call (DIS250808C125)
STC 1 DIS 19Sep25 120 call (DIS250919C120) for a credit of $1.50 (buying a diagonal)
BTC 1 DIS 08Aug25 122 put (DIS250808P122)
STC 1 DIS 19Sep25 120 put (DIS250919P120) for a debit of $1.00 (buying a diagonal)
BTC 1 DIS 08Aug25 121 put (DIS250808P121)
STC 1 DIS 19Sep25 120 put (DIS250919P120) for a debit of $0.95 (buying a diagonal)
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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