January 3, 2018 Trade Alert – Rising Tide Portfolio

We are about to become negative net delta:

BTC 3 MA 05Jan18 152.5 puts (MA180105P152.5)
STO 3 MA 05Jan18 155 puts (MA180105P155) for a credit of $1.31 (selling a vertical)

BTO 1 MA 16Feb18 155 put (MA180216P155)
STC 1 MA 19Jan18 150 put (MA180119P150) for a debit of $4.11 (buying a diagonal)

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

Happy trading.

 

Terry