June 14, 2017  Trade Alert  -   Rising Tide  Portfolio

We are a bit too long:

BTC 4 MA 16Jun17 126 puts (MA170616P126)

STO 4 MA 23Jun17 123 puts (MA170623P123) for a debit of $1.79  (selling a diagonal)

BTC 2 MA 16Jun17 126 puts (MA170616P126)
STC 2 MA 21Jul17 130 puts (MA170721P130) for a credit of $4.32  (selling a diagonal)

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

Happy trading.

 

Terry