January 2, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

These are the starting positions for this portfolio based on IWM as the underlying at a time when it is trading about $134.25:

BTO 1 IWM 29Mar19 129 put (IWM190329P129)
STO 1 IWM 11Jan19 129 put (IWM1901119P129) for a debit of $3.64 (buying a calendar)

BTO 1 IWM 29Mar19 130 put (IWM190329P130)
STO 1 IWM 11Jan19 130 put (IWM190111P130) for a debit of $3.77 (buying a calendar)

BTO 1 IWM 29Mar19 131 put (IWM190329P131)
STO 1 IWM 11Jan19 131 put (IWM190111P131) for a debit of $3.88 (buying a calendar)

BTO 1 IWM 29Mar19 132 put (IWM190329P132)
STO 1 IWM 11Jan19 132 put (IWM190111P132) for a debit of $3.96 (buying a calendar)

BTO 1 IWM 29Mar19 133 put (IWM190329P133
STO 1 IWM 11Jan19 133 put (IWM190111P133) for a debit of $4.00 (buying a calendar)

BTO 1 IWM 29Mar19 134 put (IWM190329P134)
STO 1 IWM 11Jan19 134 put (IWM190111P134) for a debit of $4.00 (buying a calendar)

BTO 1 IWM 29Mar19 135 call (IWM190329C135)
STO 1 IWM 11Jan19 135 call (IWM190111C135) for a debit of $4.24 (buying a calendar)

BTO 1 IWM 29Mar19 136 call (IWM190329C136)
STO 1 IWM 11Jan19 136 call (IWM190111C136) for a debit of $4.14 (buying a calendar)

BTO 1 IWM 29Mar19 137 call (IWM190329C137)
STO 1 IWM 11Jan19 137 call (IWM190111C137) for a debit of $4.00 (buying a calendar)

BTO 1 IWM 29Mar19 138 call (IWM190329C138)
STO 1 IWM 11Jan19 138 call (IWM190111C138) for a debit of $3.82 (buying a calendar)

BTO 1 IWM 29Mar19 139 call (IWM190329C139)
STO 1 IWM 11Jan19 139 call (IWM190111C139) for a debit of $3.59 (buying a calendar)

BTO 1 IWM 29Mar19 140 call (IWM190329C140)
STO 1 IWM 11Jan19 140 call (IWM190111C140) for a debit of $3.33 (buying a calendar)

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

Happy trading.

Terry