April 19, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta.  This will help

BTC 2 MA 21Apr17 112 calls (MA170421C112)

STO 2 MA 05May17 114 calls (MA170505C114) for a credit of $.49  (selling a diagonal)

BTC 1 MA 21Apr17 112 call (MA170421C112)

STO 1 MA 28Apr17 114 call (MA170428C114) for a debit of $.41  (selling a diagonal)

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

Happy trading.

 

Terry