December 5, 2016  Trade Alert -  Rising Tide  Portfolio

These trades will put us in the sweet spot of the risk profile graph curve and increase theta:

 

BTC 2 MA 09Dec16 101 puts (MA161209P101)
STO 2 MA 16Dec16 104 puts (MA161216P104) for a credit of $1.53  (selling a diagonal)

BTO 1MA 21Apr17 105 call (MA170421C105)STO 1MA 09Dec16 104 call (MA161209C104) for a debit of $4.00  (buying a diagonal)

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

 
Happy trading.

 

Terry