January 22, 2019 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We need more downside protection:

BTC 1 IWM 25Jan19 149 call (IWM190125C149)
STC 1 IWM 18Apr19 149 call (IWM190418C149) for a credit of $3.31 (selling a calendar)

STO 1 IWM 25Jan19 142 put (IWM190125P142) for $.50

BTO 1 IWM 18Apr19 140 put (WM190418P140) for $4.06

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

Happy trading.

Terry