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

We have become negative net delta:

BTC 2 IWM 15Feb19 148 calls (IWM190215C148)
STC 2 IWM 18Apr19 148 calls (IWM190418C148) for a credit of $2.57 (selling a calendar)

BTO 2 IWM 18Apr19 155 calls (IWM190418C155) for $2.88

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

Happy trading.

Terry