February 28, 2019 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

We are still a bit too positive net delta:

BTC 4 IWM 01Mar19 159 calls (IWM190301C159) for $.04 (no commission)

STO 4 IWM 08Mar19 157 calls (IWM190308C157) for $1.24

BTO 1 IWM 17May19 155 put (IWM190517P155)
STO 1 IWM 01Mar19 155 put (IWM190301P155) for a debit of $3.70 (buying a calendar)

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

Happy trading.

Terry