January 4, 2018 Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 4 MA 05Jan18 152.5 calls (MA180105C152.5)
STO 4 MA 12Jan18 155 calls (MA180112C155) for a debit of $1.85 (selling a diagonal)

BTO 4 MA 16Feb18 155 calls (MA180216C155)
STC 4 MA 19Jan18 150 calls (MA180119C150) for a credit of $1.66 (buying a diagonal)

BTC 4 MA 05Jan18 152.5 puts (MA180105P152.5)
STO 4 MA 12Jan18 155 puts (MA180112P155) for a credit of $.80 (selling a diagonal) 

BTO 2 MA 19Jan18 155 puts (MA180119P155)
STC 2 MA 19Jan18 150 puts (MA180119P150) for a debit of $.95 (buying a vertical)

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

Happy trading.

 

Terry