January 25, 2019 Terry’s Tips Trade Alert #3 – Rising Tide  Portfolio

These trades will finish getting us set up for next week:

BTC 2 IWM 25Jan19 147 calls (IWM190125C147)

STO 2 IWM 1Feb19 147 calls (IWM190201C147) for a credit of $1.30 (selling a calendar)

BTC 2 IWM 25Jan19 148 calls (IWM190125C148)
STO 2 IWM 1Feb19 148 calls (IWM190201C148) for a credit of $1.16 (selling a calendar)

BTC 1 IWM 1Feb19 141 put (IWM190201P141)
STC 1 IWM 18Apr19 141 put (IWM190418P141) for a credit of $2.98 (selling a calendar)

BTO 2 IWM 18Apr19 150 calls (IWM190418C150)
STO 2 IWM 1Feb19 150 calls (IWM190201C150) for a debit of $3.54 (buying a calendar)

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

Happy trading.

Terry