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

We have become negative net delta:

STC 1 IWM 18Apr19 145 call (IWM190418C145)
BTC 1 IWM 08Feb19 145 call (IWM190208C145) for a credit of $2.79 (selling a calendar)

BTO 1 IWM 18Apr19 153 call (IWM190418C153)
STO 1 IWM 15Feb19 153 call (IWM190215C153) for a debit of $2.67 (buying a calendar)

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

Happy trading.

Terry