April 20, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

These trades will get us set up for next week:

BTC 3 MA 20Apr18 177.5 puts (MA180420P177.5)
STO 3 MA 27Apr18 177.5 puts (MA180427P177.5) for a credit of $1.63 (selling a calendar)

BTC 3 MA 27Apr18 177.5 calls (MA180427C177.5)
STO 3 MA 27Apr18 182.5 calls (MA180427C182.5) for a debit of $2.24 (buying a vertical)  

BTO 1 MA 01Jun18 180 call (MA180601C180)
STC 1 MA 11May18 175 call (MA180511C175) for a credit of $1.47 (buying a diagonal)

BTO 2 MA 01Jun18 180 call (MA180601C180)
STC 2 MA 18May18 175 call (MA180518C175) for a credit of $1.96 (buying a diagonal)

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

Happy trading.

Terry