January 8, 2018 Trade Alert #2 -  Rising Tide Portfolio

We have become negative net delta once again:

BTC 4 MA 12Jan18 157.5 calls (MA180112C157.5)

STO 4 MA 12Jan18 160 calls (MA180112C160) for a debit of $1.67  (buying a vertical) 

BTC 1 MA 12Jan18 157.5 put (MA180112P157.5)

STC 1 MA 16Feb18 155 put (MA180216P155) for a credit of $1.89  (selling a diagonal)

BTO 2 MA 16Feb18 160 calls (MA180216C160)

STC 2 MA 16Feb18 155 calls (MA180216C155) for a credit of $3.12  (selling a vertical)

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

Happy trading.

 

Terry