January 9, 2019 Terry’s Tips Trade Alert Rising Tide  Portfolio

We have become negative net delta:

BTC 1 IWM 11Jan19 134 put (IWM190111P134) for $.04 (no commission)

STC 1 IWM 29Mar19 134 put (IWM190329P134) for $2.90

BTO 1 IWM 29Mar19 146 call (IWM190329C146)
STO 1 IWM 11Jan19 146 call (IWM190111C146) for a debit of $4.06 (buying a calendar)

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

Terry