February 17, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta once again.  This will fix it:

BTC 2 MA 17Feb17 109 calls (MA170217C109)

STO 2 MA 24Feb17 110 calls (MA170224C110) for a debit of $.13  (selling a diagonal)

BTC 3 MA 17Feb17 109 calls (MA170217C109)

STO 3 MA 24Feb17 111 calls (MA170224C111) for a debit of $.55  (selling a diagonal)

BTC 4 MA 17Feb17 108 puts (MA170217P108) for $.02 (no commission)

STO 4 MA 24Feb17 109 puts (MA170224P109) for $.45

BTC 2 MA 24Feb17 106 puts (MA170224P106)

STO 2 MA 24Feb17 110 puts (MA170224P110) for a credit of $.83  (selling a vertical)

BTO 2 MA 21Apr17 110 puts (MA170421P110)

STC 2 MA 21Apr17 105 puts (MA170421P105) for a debit of $1.76  (buying a vertical)

BTO 2 MA 21Apr17 110 calls (MA170421C110)

STC 2 MA 21Apr17 105 calls (MA170421C105) for a credit of $3.27  (selling a vertical)

BTC 2 MA 24Feb17 108 calls (MA170224C108)

STO 2 MA 03Mar17 110 calls (MA170303C110) for a debit of $.95  (selling a diagonal)

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

Happy trading.

 

Terry