January 9, 2019 Terry’s Tips Trade Alert #2 - Rising Tide Portfolio

We have become negative net delta once again:

BTC 1 IWM 11Jan19 135 call (IWM190111C135)
STC 1 IWM 29Mar19 135 call (IWM190329C135) for a credit of $3.48 (selling a calendar)

BTO 1 IWM 29Mar19 147 call (IWM190329C147)
STO 1 IWM 18Jan19 147 call (IWM190118C147) for a debit of $3.22 (buying a calendar)

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

Happy trading.

Terry