January 23, 2019 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We are still negative net delta:

 

BTC 1 IWM 25Jan19 143 call (IWM190125C143)

STC 1 IWM 29Mar19 143 call (IWM190329C143) for a credit of $3.65 (selling a calendar) 

 

BTO 1 IWM 17May19 149 call (IWM190517C149)

STO 1 IWM 1Feb19 149 call (IWM190201C149) for a debit of 4.23  (buying a calendar) 

 

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

  
Happy trading.

Terry