March 8, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

March 8, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

We are closing call spreads that are far out of the money to lower delta:    


BTC 1 COST 08Mar24 815 call (COST 240308C815)
STC 1 COST 19Apr24 815 call (COST 240419C815) for a credit of $3.25 (selling a diagonal) (100%)

BTC 1 COST 08Mar24 805 call (COST 240308C805)
STC 1 COST 19Apr24 805 call (COST 240419C805) for a credit of $4.25 (selling a calendar) (100%)

BTC 1 COST 08Mar24 795 call (COST 240308C795)
STC 1 COST 19Apr24 795 call (COST 240419C795) for a credit of $5.55 (selling 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