January 4, 2018 Trade Alert #4 – Rising Tide Portfolio

We have enough cash to roll out two long positions to February:

BTO 1 MA 23Feb18 157.5 put (MA180223P157.5)
STC 1 MA 19Jan18 155 put (MA180119P155) for a debit of $3.88 (buying a diagonal)

BTO 1 MA 16Feb18 155 call (MA180216C155)
STC 1 MA 19Jan18 155 calls (MA180119C155) for a debit of $2.52  (buying a calendar)

BTO 1 MA 16Feb18 155 call (MA180216C155)
STC 1 MA 16Feb18 150 call (MA180216C150) for a credit of $3.28 (selling a vertical)

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

Happy trading.

 

Terry