January 31, 2019 Terry’s Tips Trade Alert #2 – Rising Tide  Portfolio

We have become negative net delta once again:

 

BTC 2 IWM 01Feb19 146 calls (IWM190201C146)

STO 2 IWM 08Feb19 146 calls (IWM190208C146) for a credit of $.55 (selling a calendar) 

 

BTC 2 IWM 01Feb19 147 calls (IWM190201C147)

STO 2 IWM 08Feb19 147 calls (IWM190208C147) for a credit of $.469 (selling a calendar) 

 

BTO 2 IWM 18Apr19 147 calls (IWM190418C147)

STC 2 IWM 29Mar19 147 calls (IWM190329C147) for a debit of $.72 (buying a calendar) 

 

BTO 1 IWM 18Apr19 144 call (IWM190418C144)

STC 1 IWM 29Mar19 144 call (IWM190329C144) for a debit of $.66  (buying a calendar) 

 

 

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

  
Happy trading.

Terry