February 23, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 4 MA 24Feb17 109 puts (MA170224P109) for $.05 (no commission)

STO 4 MA 03Mar17 110 puts (MA170303P110) for $.66

BTO 1 MA 21Apr17 110 put (MA170421P1110)

STC 1 MA 21Apr17 105 put (MA170421P105) for a debit of $1.49  (buying a vertical)

BTC 2 MA 24Feb17 109 calls (MA170224C109)

 

STO 2 MA 03Mar17 111 calls (MA170303C111) for a debit of $.85  (selling a diagonal) 

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

Happy trading.

 

Terry