June 11, 2018 Terry’s Tips Trade Alert – Rising Tide  Portfolio

This will make us less long and increase theta dramatically:

BTC 4 MA 15Jun18 205 calls (MA180615C205)
STO 4 MA 15Jun18 200 calls (MA180615C200) for a credit of $1.30 (selling a vertical)

BTO 2 MA 27Jul18 205 calls (MA180727C205)
STC 2 MA 22Jun18 205 calls (MA180622C205) for a debit of $2.79 (buying a calendar)

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

Happy trading.

Terry