February 16, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio
This completes rolling out and adds a spread:
BTC 1 COST 16Feb24 720 put (COST240216P720)
STO 1 COST 08Mar24 710 put (COST240308P710) for a credit of $8.70 (selling a diagonal) (100%)
BTC 1 COST 08Mar24 715 call (COST 240308C715)
STO 1 COST 08Mar24 735 call (COST 240308C735) for a debit of $11.10 (buying a vertical) (100%)
BTC 1 COST 16Feb24 725 call (COST 240216C725)
STO 1 COST 08Mar24 745 call (COST 240308C745) for a credit of $6.90 (selling a diagonal) (100%)
BTO 1 COST 19Apr24 755 call (COST 240419C755)
STO 1 COST 08Mar24 755 call (COST 240308C755) for a debit of $8.60 (buying a calendar)
BTO 1 COST 19Apr24 740 call (COST 240419C740)
STC 1 COST 19Apr24 715 call (COST 240419C715) for a credit of $14.00 (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
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube