February 3, 2017 Trade Alert -  Rising Tide Portfolio

If you were assigned the 111 puts, sell the shares at the market and execute the proper number of this trade:

BTC 4 MA 03Feb17 111 puts (MA170203P111)

STO 4 MA 10Feb17 106 puts (MA170210P106) for a debit of $3.60  (selling a diagonal)

BTC 2 MA 03Feb17 111 puts (MA170203P111)

STC 2 MA 21Apr17 110 puts (MA170421P110) for a credit of $.40  (selling a diagonal)

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

Happy trading.

 

Terry