January 9, 2019 Terry’s Tips Trade Alert #3 - Rising Tide Portfolio

We have become negative net delta once again:

BTC 1 IWM 11Jan19 136 call (IWM190111C136)
STC 1 IWM 29Mar19 136 call (IWM190329C136) for a credit of $3.71 (selling a calendar)

BTO 1 IWM 29Mar19 146 call (IWM190329C146)
STO 1 IWM 11Jan19 146 call (IWM190111C146) for a debit of $4.09  (buying a calendar)

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

Happy trading.

Terry