January 8, 2018 Trade Alert #3 -  Rising Tide Portfolio

We have become negative net delta once again:

BTC 4 MA 12Jan18 157.5 puts (MA180112P157.5)

STO 4 MA 12Jan18 160 puts (MA180112P160) for a credit of $.70  (selling a vertical)

BTO 2 MA 23Feb18 160 puts (MA180223P160)

STC 2 MA 23Feb18 157.5 puts (MA180223P157.5) for a debit of $1.05  (buying a vertical)

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

Happy trading.

 

Terry