February 12, 2019 Terry’s Tips Trade Alert  #2 – Rising Tide Portfolio

We have become negative net delta once again:

BTC 1 IWM 15Feb19 149 call (IWM190215C149)

STC 1 IWM 18Apr19 149 call (IWM190418C149) for a credit of $2.75 (selling a calendar)

 

BTC 1 IWM 15Feb19 149 call (IWM190215C149)

STC 1 IWM 17May19 149 call (IWM190517C149) for a credit of $3.78 (selling a calendar) 

 

BTC 2 IWM 15Feb19 148 puts (IWM190215P148)

STC 2 IWM 18Apr19 148 puts (IWM190418P148) for a credit of $2.42 (selling a calendar) 

 

BTO 2 IWM 18Apr19 156 calls (IWM190418C156) for $2.52

 

BTO 2 IWM 18Apr19 157 calls (IWM190418C157) for $2.11

 

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

  
Happy trading.

Terry