February 7, 2018 Trade Alert #2 -  Rising Tide Portfolio 

We are still too long. These trades will pick up some premium and get a little less long:

BTC 4 MA 09Feb18 175 calls (MA180209C175)
STO 4 MA 16Feb18 170 calls (MA180216C170) for a credit of $2.51 (selling a diagonal)

BTC 3 MA 09Feb18 172.5 calls (MA180209C172.5)
STO 3 MA 16Feb18 170 calls (MA180216C170) for a credit of $2.08 (selling a diagonal)

BTO 5 MA 16Mar18 170 calls (MA180316C170)
STC 5 MA 16Mar18 175 calls (MA180316C175) for a debit of $2.31 (buying a vertical)

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

Happy trading.

 

Terry