Subject: August 14, 2017 Trade Alert #2 - Rising Tide Portfolio

August 14, 2017  Trade Alert #2 -   Rising Tide  Portfolio

With the stock up sharply we have become negative net delta once again:

BTC 3 MA 25Aug17 130 calls (MA170825C130)

STO 3 MA 25Aug17 133 calls (MA170825C133) for a debit of $1.49  (buying a vertical)

BTO 1 MA 20Oct17 130 call (MA171020C130)

STC 1 MA 20Oct17 125 call (MA171020C125) for a credit of $3.55  (selling a vertical)

BTC 1 MA 18Aug17 128 put (MA170818P128)

STO 1 MA 25Aug17 131 put (MA170825P131) for a credit of $.93  (selling a diagonal)

BTC 5 MA 18Aug17 129 puts (MA170818P129)

STO 5 MA 25Aug17 131 puts (MA170825P131) for a credit of $.85  (selling a diagonal)

BTO 1 MA 20Oct17 135 put (MA171020P135)

STC 1 MA 20Oct17 130 put (MA171020P130) for a debit of $2.68  (buying a vertical)

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

Happy trading.

Terry

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