February 14, 2019 Terry’s Tips Trade Alert #3 – Rising Tide  Portfolio

We have become negative net delta once again:

BTC 2 IWM 15Feb19 152.5 calls (IWM190215C152.5) 

STO 2 IWM 22Feb19 152.5 calls (IWM190222C152.5) for a credit of $.66 (selling a calendar) 

 

BTO 1 IWM 17May19 155 call (IWM190517C155)

STO 1 IWM 22Feb19 155 call (IWM190222C155) for a debit of $3.85  (buying a calendar) 

 

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

  
Happy trading.

Terry