June 20, 2018 Terry’s Tips Trade Alert – Rising Tide  Portfolio

We have become negative net delta once again:

BTC 4 MA 22Jun18 200 calls (MA180622C200)
STO 4 MA 29Jun18 205 calls (MA180629C205) for a debit of $1.59 (selling a diagonal) 

BTO 2 MA 27Jul18 205 calls (MA180727C205)
STC 2 MA 29Jun18 197.5 calls (MA180629C197.5) for a credit of $1.25 (buying a diagonal)

BTC 2 MA 22Jun18 202.5 calls (MA180622C202.5)
STC 2 MA 22Jun18 205 calls (MA180622C205) for a debit of $.80 (buying a vertical) 

BTC 2 MA 22Jun18 202.5 calls (MA180622C202.5)
STO 2 MA 22Jun18 205 calls (MA180622C205) for a credit of $.80 (selling a vertical)

BTC 1 MA 13Jul18 195 put (MA180713P195)
STC 1 MA 20Jul18 195 put (MA180720P195) for a credit of $.51 (selling a calendar)

BTC 5 MA 22Jun18 200 puts (MA180622P200)
STO 5 MA 29Jun18 205 puts (MA180629P205) for a credit of $3.31 (selling a diagonal)

BTO 2 MA 06Jul18 205 puts (MA180706P205)
STC 2 MA 06Jul18 200 puts (MA180706P200) for a debit of $2.45 (buying a vertical) 

BTO 2 MA 13Jul18 205 puts (MA180713P205)
STC 2 MA 13Jul18 200 puts (MA180713P200) for a debit of $2.44 (buying a vertical)

BTO 1 MA 27Jul18 205 put (MA180727P205)
STC 1 MA 27Jul18 200 put (MA180727P200) for a debit of $2.40 (buying a vertical) 

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

Happy trading.

Terry