August 23, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 5 MA 25Aug17 131 calls (MA170825C131)

STO 5 MA 1Sep17 134 calls (MA170901C134) for a debit of $1.47  (selling a diagonal)

BTO 3 MA 20Oct17 135 calls (MA171020C135)

STC 3 MA 20Oct17 130 calls (MA171020C130) for a credit of $2.88  (selling a vertical)

BTC 4 MA 25Aug17 131 puts (MA170825P131)

STO 4 MA 1Sep17 133 puts (MA170901P133) for a credit of $.94  (selling a diagonal)

BTO 2 MA 20Oct17 135 puts (MA171020P135)

STC 2 MA 20Oct17 130 puts (MA171020P130) for a debit of $  (buying a vertical) 

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

Happy trading.

 

Terry