February 22, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

These trades will get us set up for next week:

BTC 1 IWM 22Feb19 156 put (IWM190222P156) for $.02 (no commission)

STO 1 IWM 1Mar19 156 put (IWM190301P156) for $.50

BTC 2 IWM 22Feb19 157 calls (IWM190222C157)
STO 2 IWM 1Mar18 159 calls (IWM190301C159) for a debit of $.39 (selling a diagonal)

BTC 3 IWM 22Feb19 157.5 calls (IWM190222C157.5)
STO 3 IWM 1Mar18 160 calls (IWM190301C160) for a debit of $.31 (selling a diagonal)

BTO 3 IWM 18Apr19 162 calls (IWM190418C162) for $1.73

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

Happy trading.

Terry