Subject: December 5, 2017 Trade Alert - Rising Tide Portfolio
December 5, 2017 Trade Alert - Rising Tide Portfolio
We have become uncomfortably long and with the stock up nicely today, this might be a good time to become more neutral:
BTC 6 MA 08Dec17 155 calls (MA171208C155) for $.03 (no commission)
STO 6 MA 08Dec17 147 calls (MA171208C147) for $.71
BTO 5 MA 19Jan18 145 calls (MA180119C145)
STC 5 MA 19Jan18 155 calls (MA180119C155) for a debit of $3.73 (buying a vertical)
BTO 6 MA 19Jan18 145 puts (MA180119P145)
STC 6 MA 19Jan18 155 puts (MA180119P155) for a credit of $6.30 (selling a vertical)
BTC 2 MA 08Dec17 152.5 puts (MA171208P152.5)
STO 2 MA 15Dec17 147 puts (MA171215P147) for a debit of $4.00 (selling a diagonal)
BTC 5 MA 08Dec17 150 puts (MA171208P150)
STO 5 MA 08Dec17 146 puts (MA171208P146) for a debit of $2.90 (buying a vertical)
Be prepared to change these price limits by $.05 or more in order to get an execution
Happy trading.
Terry
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