Subject: June 19, 2017 Trade Alert - Rising Tide Portfolio

June 19, 2017  Trade Alert  -   Rising Tide  Portfolio

We are too negative net delta:

BTC 4 MA 23Jun17 122 calls (MA170623C122)

STO 4 MA 30Jun17 124 calls (MA170630C142) for a debit of $.68  (selling a diagonal)

BTO 1 MA 21Jul17 125 call (MA170721C125)

STC 1 MA 21Jul17 120 call (MA170721C120) for a credit of $2.81  (selling a vertical)

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

Happy trading.

 

Terry

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