January 12, 2018 Trade Alert #3 -  Rising Tide Portfolio

 

We have become negative net delta:

 

BTC 3 MA 19Jan18 160 puts (MA180119P160)

 

STO 3 MA 19Jan18 162.5 puts (MA180119P162.5) for a credit of $.87  (selling a vertical)

 

BTO 1 MA 16Feb18 165 put (MA180216P165)

 

STC 1 MA 16Feb18 160 put (MA180216P160) for a debit of $2.45  (buying a vertical)

 

 

BTC 4 MA 19Jan18 160 calls (MA180119C160)

 

STO 4 MA 19Jan18 162.5 calls (MA180119C162.5) for a debit of $1.62  (buying a vertical)

 

BTO 2 MA 16Feb18 165 calls (MA180216C165)

 

STC 2 MA 16Feb18 160 calls (MA180216C160) for a credit of $2.50  (selling a vertical)

 

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

 

Happy trading.

 

Terry