July 25, 2018 Terry’s Tips Trade Alert #2 – Rising Tide  Portfolio

We are barely positive net delta and should get a little longer;

 

BTC 2 MA 27Jul18 212.5 calls (MA180727C212.5)

STO 2 MA 27Jul18 217.5 calls (MA180727C217.5) for a debit of $2.14  (buying a vertical) 

 

BTO 1 MA 31Aug18 217.5 call (MA180831C217.5)

STC 1 MA 31Aug18 210 call (MA180831C210) for a credit of $3.98 (selling a vertical) 

 

BTO 1 MA 31Aug18 217.5 call (MA180831C217.5)

STC 1 MA 31Aug18 212.5 call (MA180831C212.5) for a credit of $2.42 (selling a vertical) 

 

 

 

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

Happy trading.

Terry