April 26, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta.  This will help:

BTC 3 MA 28Apr17 115 calls (MA170428C115)

STO 3 MA 05May17 117 calls (MA170505C117) for a debit of $.07  (selling a diagonal)

BTC 3 MA 28Apr17 114 puts (MA170428P114)

STO 3 MA 05May17 116 puts (MA170505P116) for a credit of $1.47  (selling a diagonal)

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

Happy trading.

 

Terry