January 4, 2017  Trade Alert #2 -   Rising Tide  Portfolio

We are still negative net delta:

BTC 1 MA 06Jan17 104 call (MA170106C104)

STO 1 MA 13Jan17 107 call (MA170113C107) for a debit of $1.41  (selling a diagonal)

BTC 1 MA 06Jan17 105 call (MA170106C105)

STO 1 MA 13Jan17 107 call (MA170113C107) for a debit of $.52  (selling a diagonal)

BTO 2 MA 21Apr17 105 puts (MA170421P105)

STC 2 MA 21Apr17 100 puts (MA170421P100) for a debit of $1.74  (buying a vertical)

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

Happy trading.

 

Terry