July 12, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 5 MA 14Jul17 123 calls (MA170714C123)

STO 5 MA 21Jul17 126 calls (MA170721C126) for a debit of $1.47  (selling a diagonal)

BTC 5 MA 14Jul17 122 puts (MA170714P122)

STO 5 MA 14Jul17 126 puts (MA170714P126) for a credit of $.82  (selling a vertical)

BTC 1 MA 14Jul17 122 put (MA170714P122)

STC 1 MA 21Jul17 122 put (MA170721P122) for a credit of $.31 (selling a calendar)

BTC 1 MA 14Jul17 122 put (MA170714P122)

STC 1 MA 21Jul17 125 put (MA170721P125) for a credit of $1.07  (selling a diagonal)

BTO 2 MA 15Sep17 125 calls (MA170915C125)

STC 2 MA 15Sep17 120 calls (MA170915C120) for a credit of $3.38  (selling a vertical)

BTO 2 MA 15Sep17 130 puts (MA170915P130)

STC 2 MA 15Sep17 125 puts (MA170915P125) for a debit of $2.75  (buying a vertical)

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

Happy trading.

 

Terry