December 12, 2017  Trade Alert #2 -  Rising Tide Portfolio

We have become negative net delta once again:

BTC 5 MA 15Dec17 149 puts (MA171215P147)

STO 5 MA 22Dec17 155 puts (MA171222P155) for a credit of $2.30  (selling a diagonal)

BTO 4 MA 19Jan18 155 puts (MA180119P155)

STC 4 MA 19Jan18 145 puts (MA180119P145) for a debit of $3.22  (buying a vertical)

BTC 10 MA 15Dec17 152.5 calls (MA171215C152.5)

STO 10 MA 15Dec17 155 calls (MA171215C155) for a debit of $1.25  (buying a vertical)

BTO 3 MA 19Jan18 150 calls (MA180119C150)

STC 3 MA 19Jan18 145 calls (MA180119C145) for a credit of $3.90  (selling a vertical)

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

Happy trading.

 

Terry