August 11, 2017  Trade Alert  -   Rising Tide  Portfolio

If you were assigned the 131 put, sell the stock at the market and sell one or all of the 135 puts below, and if you were not assigned that put, execute the following:

BTC 1 MA 11Aug17 131 put (MA170811P131)

STC 1 MA 15Sep17 135 put (MA170915P135) for a credit of $4.40  (selling a diagonal)

BTC 1 MA 11Aug17 131 put (MA170811P131)

STC 1 MA 20Oct17 135 put (MA171020135) for a credit of $5.23  (selling a diagonal)

BTC 1 MA 11Aug17 131 put (MA170811P131)

STO 1 MA 18Aug17 128 put (MA170818P128) for a debit of $1.66 (selling a diagonal)

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

Happy trading.

 

Terry