February 4, 2019 Terry’s Tips Trade Alert #2 – Rising Tide  Portfolio

We have become negative net delta once again:

STC 2 IWM 18Apr19 146 call (IWM190418C146)
BTC 2 IWM 08Feb19 146 call (IWM190208C146) for a credit of $2.91 (selling a calendar)

BTO 2 IWM 18Apr19 154 call (IWM190418C154)
STO 2 IWM 15Feb19 154 call (IWM190215C154) for a debit of $2.51 (buying a calendar)

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

Happy trading.

Terry