August 24, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

These trades will set us up for next week and leave us some cash: 

BTC 2 MA 24Aug18 202.5 puts (MA180824P202.5) for $.03 (no commission)

BTC 2 MA 24Aug18 205 puts (MA180824P205) for $.03 (no commission)

STO 2 MA 31Aug18 205 puts (MA180831P205) for $.48

STO 2 MA 31Aug18 207.5 puts (MA180831P207.5) for $1.02

BTO 2 28Sep18 207.5 puts (MA180928P207.5)
STC 2 28Sep18 202.5 puts (MA180928P202.5) for a debit of $1.53 (buying a vertical)

BTC 2 MA 24Aug18 207.5 calls (MA180817C207.5)
STO 2 MA 31Aug18 210 calls (MA180831C210) for a debit of $.36 (selling a diagonal)

BTC 2 MA 24Aug18 207.5 calls (MA180817C207.5)
STO 2 MA 31Aug18 212.5 calls (MA180831C212.5) for a debit of $1.14 (selling a diagonal)

BTO 2 28Sep18 212.5 calls (MA180928C212.5)
STC 2 28Sep18 205 calls (MA180928C205) for a credit of $4.11 (selling a vertical)

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

Happy trading.

Terry