January 8, 2018 Trade Alert -  Rising Tide Portfolio

We have become negative net delta:

BTC 4 MA 12Jan18 155 calls (MA180112C155)

STO 4 MA 19Jan18 160 calls (MA180119C160) for a debit of $2.82  (selling a diagonal)

BTO 4 MA 16Feb18 160 calls (MA180216C160)

STC 4 MA 16Feb18 155 calls (MA180216C155) for a credit of $2.75  (selling a vertical)

BTC 3 MA 12Jan18 155 puts (MA180112P155)

STO 3 MA 19Jan18 160 puts (MA180119P160) for a credit of $2.20  (selling a diagonal)

BTO 3 MA 16Feb18 160 puts (MA180216P160)

STC 3 MA 16Feb18 155 puts (MA180216P155) for a debit of $2.17  (buying a vertical)

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

Happy trading.

 

Terry