July 6, 2018 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We have cash we can use to roll out some long positions to further-out series:

BTO 1 MA 24Aug18 202.5 call (MA180824C202.5)
STC 1 MA 27Jul18 197.5 call (MA180727C197.5) for a credit of $.70 (buying a diagonal)

BTO 2 MA 24Aug18 200 calls (MA180824C200)
STC 2 MA 27Jul18 200 calls (MA180727C200) for a debit of $2.08 (buying a calendar)

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

Happy trading.

Terry