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

We have become negative net delta:

BTC 1 IWM 01Feb19 144 call (IWM190201C144)
STO 1 IWM 15Feb19 144 call (IWM190215C144) for a credit of $.80 (selling a calendar)

BTC 1 IWM 01Feb19 145 call (IWM190201C145)
STO 1 IWM 08Feb19 145 call (IWM190208C145) for a credit of $.48 (selling a calendar)

BTO 1 IWM 18Apr19 151 call (IWM190418C151)
STO 1 IWM 08Feb19 151 call (IWM190208C151) for a debit of $3.16 (buying a calendar)

Happy trading.

Terry