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

These are the initial trades in the re-started portfolio:

BTO 2 MA 28Sep18 202.5 puts (MA180928P202.5)
STO 2 MA 24Aug18 202.5 puts (MA180824P202.5) for a debit of $2.92 (buying a calendar)

BTO 2 MA 28Sep18 205 puts (MA180928P205)
STO 2 MA 24Aug18 205 puts (MA180824P205) for a debit of $3.02 (buying a calendar)

BTO 2 MA 28Sep18 205 calls (MA180928C205)
STO 2 MA 24Aug18 205 calls (MA180824C205) for a debit of $3.55 (buying a calendar)

BTO 2 MA 28Sep18 207.5 calls (MA180928C207.5)
STO 2 MA 24Aug18 207.5 calls (MA180824C207.5) for a debit of $3.19 (buying a calendar)

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

Happy trading.

Terry