July 9, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

These trades will pick up some theta:

BTC 2 MA 13Jul18 195 puts (MA180713P195)
STO 2 MA 20Jul18 200 puts (MA180720P200) for a credit of $2.03 (selling a diagonal)

BTO 2 MA 03Aug18 200 puts (MA180803P200)
STC 2 MA 03Aug18 195 puts (MA180803P195) for a debit of $1.86 (buying a vertical)

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

Happy trading.

Terry