February 19, 2019 Terry’s Tips Trade Alert  - Rising Tide  Portfolio

We have become negative net delta:

 

BTC 2 IWM 22Feb19 153 calls (IWM190222C153)
STC 2 IWM 18Apr19 151 calls (IWM190418C151) for a credit of $3.93 (selling a diagonal) 

 

BTC 3 IWM 22Feb19 155 calls (IWM190222C155) 

STO 3 IWM 22Feb19 157.5 calls (IWM190222C157.5) for a debit of $1.60  (buying a vertical) 

 

BTO 1 IWM 17May19 160 call (IWM190517C160) for $3.28

 

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

  
Happy trading.

Terry