February 28, 2019 Terry’s Tips Trade Alert - Rising Tide  Portfolio

We have some cash we can put to work to reduce net delta a bit and increase theta:

BTO 1 IWM 18Apr19 156 put (IWM190418P156)
STO 1 IWM 1Mar19 156 put (IWM190301P156) for a debit of $2.93  (buying a calendar) 

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

Happy trading.

Terry