January 16, 2018 Trade Alert -  Rising Tide Portfolio 

 

We have become negative net delta:

 

STC 1 MA 19Jan18 155 put (MA180119P155) for $.06

 

BTC 4 MA 19Jan18 162.5 calls (MA180119C162.5)

 

STO 4 MA 19Jan18 165 calls (MA180119C165) for a debit of $.53  (selling a diagonal)

 

BTC 3 MA 19Jan18 162.5 puts (MA180119P162.5)

 

STO 3 MA 19Jan18 165 puts (MA180119P165) for a credit of $1.19  (selling a vertical)

 

BTO 2 MA 16Feb18 165 calls (MA180216C165)

 

STC 2 MA 16Feb18 160 calls (MA180216C160) for a credit of $2.85  (selling a vertical)

 

BTO 2 MA 23Feb18 165 put (MA180223P165)

 

STC 2 MA 23Feb18 160 put (MA180223P160) for a debit of $2.17  (buying a vertical)

 

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

 

Happy trading. 

 

Terry