June 18, 2018 Terry’s Tips Trade Alert #3 – Rising Tide  Portfolio

We have become negative net delta once again:

BTC 2 MA 22Jun18 197.5 calls (MA180622C197.5)
STO 2 MA 22Jun18 202.5 calls (MA180622C202.5) for a debit of $3.08 (buying a vertical)

BTO 2 MA 27Jul18 202.5 calls (MA180727C202.5)
STC 2 MA 27Jul18 197.5 calls (MA180727C197.5) for a credit of $2.47 (selling a vertical)

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

Happy trading.

Terry