February 14, 2019 Terry’s Tips Trade Alert #4 – Rising Tide  Portfolio

We have become negative net delta once again:

BTC 2 IWM 15Feb19 153 calls (IWM190215C153)
STO 2 IWM 22Feb19 155 calls (IWM190222C155) for a debit of $.43 (selling a diagonal)

BTO 1 IWM 18Apr19 155 call (IWM190418C155)
STC 1 IWM 18Apr19 150 call (IWM190418C150) for a credit of $3.15 (selling a vertical)

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

Happy trading.

Terry