January 17, 2019 Terry’s Tips Trade Alert #3 – Rising Tide  Portfolio

We have become slightly negative net delta once again:

BTC 1 IWM 18Jan19 143 call (IWM190118C143)
STO 1 IWM 25Jan19 143 call (IWM190125C143) for a credit of $.60 (selling a calendar)

BTO 1 IWM 18Apr19 149 call (IWM190418C149)
STO 1 IWM 25Jan19 149 call (IWM190125C149) for a debit of $3.70  (buying a calendar)

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

Happy trading.

Terry