June 27, 2017  Trade Alert  -   Rising Tide  Portfolio

We are a bit too long, and we have extra cash to roll out some of our long calls:

BTC 4 MA 30Jun17 125 puts (MA170630P125)

STO 4 MA 07Jul17 123 puts (MA170707P123) for a debit of $.85 (selling a diagonal)

BTO 1 MA 15Sep17 120 call (MA170915C120)

STC 1 MA 21Jul17 120 call (MA170721C120) for a debit of $2.02 (buying a calendar)

BTO 1 MA 15Sep17 125 call (MA170915C125)
STC 1 MA 21Jul17 120 call (MA170721C120) for a credit of $.83  (buying a diagonal)

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

Happy trading.

 

Terry