January 18, 2018 Trade Alert -  Rising Tide Portfolio 

 

We have become negative net delta:

 

BTC 2 MA 19Jan18 162.5 calls (MA180119C162.5)

 

STO 2 MA 26Jan18 167.5 calls (MA180126C167.5) for a debit of $2.05  (selling a diagonal)

 

BTC 2 MA 19Jan18 165 calls (MA180119C165)

 

STO 2 MA 26Jan18 167.5 calls (MA180126C167.5) for a debit of $.00  (selling a diagonal)

 

BTO 2 MA 2Mar18 165 calls (MA180302C165)

 

STC 2 MA 16Feb18 160 calls (MA180216C160) for a credit of $2.42  (buying a diagonal)

 

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

 

Happy trading. 

 

Terry