February 8, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

These trades will get us set up for next week:

BTC 2 IWM 08Feb19 150 calls (IWM190208C150) for $.03 (no commission)

STO 2 IWM 15Feb19 150 calls (IWM190215C150) for $.84

BTC 2 IWM 08Feb19 149 calls (IWM190208C149)
STO 2 IWM 15Feb19 149 calls (IWM190215C149) for a credit of $1.10 (selling a calendar)

BTC 2 IWM 08Feb19 148 puts (IWM190208P148)
STO 2 IWM 15Feb19 148 puts (IWM190215P148) for a credit of $.95 (selling a calendar)

BTO 2 IWM 18Apr19 146 puts (IWM190418P146)
STO 2 IWM 15Feb19 146 puts (IWM190215P146) for a debit of $2.94 (buying a calendar)

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

Happy trading.

Terry