December 12, 2017  Trade Alert  -  Rising Tide Portfolio

We have become negative net delta:

BTC 2 MA 15Dec17 147 puts (MA171215P147)

STO 2 MA 15Dec17 152.5 puts (MA171215P152.5) for a credit of $1.14 (selling a vertical)

BTC 4 MA 15Dec17 149 puts (MA171215P149)

STO 4 MA 15Dec17 152.5 puts (MA171215P152.5) for a credit of $1.01 (selling a vertical)

BTO 2 MA 19Jan18 155 puts (MA180119P155)

STC 2 MA 19Jan18 145 puts (MA180119P145) for a debit of $3.85 (buying a vertical)

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

Happy trading.

 

Terry