February 13, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 2 MA 17Feb17 107 calls (MA170217C107)

STO 2 MA 24Feb17 108 calls (MA170224C108) for a debit of $.31  (selling a diagonal)

BTO 3 MA 21Apr17 110 calls (MA170421C110)

STO 3 MA 17Feb17 109 calls (MA170217C109) for a credit of $1.69  (selling a diagonal)

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

Happy trading.

 

Terry