September 10, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are rolling strikes down to reduce delta and increase theta:
BTC 3 DIS 12Sep25 120 call (DIS250912C120)
STO 3 DIS 12Sep25 116 call (DIS250912C116) for a credit of $1.00 (buying a vertical)
BTC 4 DIS 12Sep25 118 put (DIS250912P118)
STO 4 DIS 12Sep25 116 put (DIS250912P116) for a debit of $1.25 (buying a vertical)
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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