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

We are still negative net delta:

BTC 3 MA 04Aug17 128 puts (MA170804P128)

STO 3 MA 11Aug17 131 puts (MA170811P131) for a credit of $1.69  (selling a diagonal)

BTO 1 MA 15Sep17 135 put (MA170915P135)

STC 1 MA 15Sep17 125 put (MA170915P125) for a debit of $4.98  (buying a vertical)

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

Happy trading.

 

Terry