February 1, 2018 Trade Alert #2 -  Rising Tide Portfolio

 

We have become negative net delta once again:

 

BTC 2 MA 02Feb18 167.5 calls (MA180202C167.5)

STO 2 MA 09Feb18 172.5 calls (MA180209C172.5) for a debit of $3.35 (selling a diagonal)

 

BTO 1 MA 02Mar18 175 call (MA180316C175)

STC 1 MA 02Mar18 165 call (MA180316C165) for a credit of $6.72 (selling a vertical)

 

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

 

Happy trading.

 

 

Terry