June 28, 2018 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We will roll down to lower strikes:

BTO 5 MA 27Jul18 197.5 calls (MA180727C197.5)

STC 5 MA 27Jul18 205 calls (MA180727C205) for a debit limit of $1.70  (buying a vertical) 

If that executes:

BTC 5 MA 29Jun18 205 calls (MA180629C205) for $.03 (no commission) 

STO 5 MA 06Jul18 197.5 calls (MA180706C197.5) for $1.34 

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

Happy trading.

Terry