February 7, 2018 Trade Alert #3 -  Rising Tide Portfolio 

We can get rid of a vertical and use our cash to add on new spreads:

BTC 2 MA 16Feb18 167.5 puts (MA180216P167.5)
STC 2 MA 16Feb18 170 puts (MA180216P170) for a credit of $.57 (selling a vertical)

BTO 2 MA 23Mar18 172.5 puts (MA180323P172.5)
STO 2 MA 16Feb18 172.5 puts (MA180216P172.5) for a debit of $2.64 (buying a calendar)

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

Happy trading.

 

Terry