August 29, 2018 Terry’s Tips Trade Alert #3 – Rising Tide  Portfolio

We are still negative net delta;

BTC 2 MA 31Aug18 212.5 calls (MA180831C212.5)
STO 2 MA 07Sep18 217.5 calls (MA181007C217.5) for a debit of $2.22 (selling a diagonal)

BTO 2 MA 28Sep18 217.5 calls (MA180928C217.5)
STC 2 MA 28Sep18 212.5 calls (MA180928C212.5) for a credit of $2.78 (selling a vertical)

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

Happy trading.

Terry