January 29, 2019 Terry’s Tips Trade Alert – Rising Tide  Portfolio 

We are a little too positive net delta.  Taking off our highest-strike calendar will help a bit.

BTC 1 IWM 01Feb19 152 call (IWM190201C152)
STC 1 IWM 18Apr19 152 call (IWM190418C152) for a credit of $2.75 (selling a calendar)

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

Happy trading.

Terry