June 27, 2018 Terry’s Tips Trade Alert – Rising Tide  Portfolio

If you were assigned stock, sell the shares and the market and also sell the appropriate number of 205 long puts.  Otherwise, execute these trades:

BTC 2 MA 29Jun18 205 puts (MA180629P205)
STC 2 MA 06Jul18 205 puts (MA180706P205) for a credit of $.24 (selling a calendar)

BTC 2 MA 29Jun18 205 puts (MA180629P205)
STC 2 MA 13Jul18 205 puts (MA180713P205) for a credit of $.33 (selling a calendar)

BTC 1 MA 29Jun18 205 put (MA180629P205)
STC 1 MA 27Jul18 205 put (MA180727P205) for a credit of $1.72 (selling a calendar)

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

Happy trading.

Terry