May 7, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are raising delta:
BTC 1 COST 17May24 750 call (COST 240517C750)
STC 1 COST 21Jun24 765 call (COST 240621C765) for a credit of $6.60 (selling a diagonal) (100%)
BTC 1 COST 17May24 720 put (COST 240517P720)
STC 1 COST 21Jun24 720 put (COST240621P720) for a credit of $6.90 (selling a calendar) (100%)
BTC 1 COST 17May24 755 call (COST 240517C755)
STO 1 COST 17May24 770 call (COST 240517C770) for a debit of $8.65 (buying a vertical) (100%)
BTC 1 COST 17May24 725 put (COST 240517P725)
STO 1 COST 17May24 745 put (COST 240517P745)
BTO 1 COST 21Jun24 745 put (COST240621P745)
STC 1 COST 21Jun24 725 put (COST240621P725) for a debit of $3.45 (selling a vertical roll) (100%)
BTC 1 COST 17May24 730 put (COST 240517P730)
STO 1 COST 17May24 750 put (COST 240517P750)
BTO 1 COST 21Jun24 750 put (COST240621P750)
STC 1 COST 21Jun24 730 put (COST240621P730) for a debit of $3.30 (selling a vertical roll) (100%)
BTC 1 COST 17May24 760 call (COST 240517C760)
STO 1 COST 17May24 775 call (COST 240517C775) for a debit of $7.45 (buying a vertical) (100%)
BTC 1 COST 17May24 735 put (COST 240517P735)
STO 1 COST 17May24 755 put (COST 240517P755)
BTO 1 COST 21Jun24 755 put (COST240621P755)
STC 1 COST 21Jun24 735 put (COST240621P735) for a debit of $3.00 (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
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