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 $.53  (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 $2.52 (buying a calendar)

 

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

 

Happy trading. 

 

Terry