May 3, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

May 3, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are raising delta:    


BTC 1 COST 17May24 700 put (COST 240517P700)
STO 1 COST 17May24 730 put (COST 240517P730)
BTO 1 COST 21Jun24 730 put (COST240621P730)
STC 1 COST 21Jun24 700 put (COST240621P700) for a debit of $4.30 (selling a vertical roll) (100%)

BTC 1 COST 17May24 710 put (COST 240517P710)
STO 1 COST 17May24 735 put (COST 240517P735)
BTO 1 COST 21Jun24 735 put (COST240621P735)
STC 1 COST 21Jun24 710 put (COST240621P710) for a debit of $3.00 (selling a vertical roll) (100%)

BTC 1 COST 17May24 730 call (COST 240517C730)
STO 1 COST 17May24 760 call (COST 240517C760)
BTO 1 COST 21Jun24 760 call (COST 240621C760)
STC 1 COST 21Jun24 730 call (COST 240621C730) for a credit of $1.65 (selling a vertical roll) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Jon