June 4, 2018 Terry’s Tips Trade Alert – Rising Tide  Portfolio

We have become negative net delta:

BTC 2 MA 08Jun18 190 puts (MA180608P190)
STO 2 MA 08Jun18 195 puts (MA180608P195) for a credit of $.60 (selling a vertical)

BTO 2 MA 20Jul18 195 puts (MA180720P195)
STC 2 MA 20Jul18 190 puts (MA180720P190) for a debit of $1.60 (buying a vertical)

BTO 3 MA 13Jul18 195 calls (MA180713C195)
STC 3 MA 22Jun18 192.5 calls (MA180622C192.5) for a credit of $.29 (buying a diagonal)

BTC 5 MA 08Jun18 192.5 puts (MA180608P192.5)
STO 5 MA 15Jun18 195 puts (MA180615P195) for a credit of $1.19 (selling a diagonal)

BTO 2 MA 06Jul18 195 puts (MA180706P195)
STC 2 MA 06Jul18 192.5 puts (MA180706P192.5) for a debit of $.85 (buying a vertical)

BTO 1 MA 13Jul18 195 put (MA180713P195)
STC 1 MA 13Jul18 192.5 put (MA180713P192.5) for a debit of $.87 (buying a vertical)

BTO 2 MA 22Jun18 195 puts (MA180622P195)
STC 2 MA 22Jun18 192.5 puts (MA180622P192.5) for a debit of $.74 (buying a vertical)

BTC 3 MA 08Jun18 195 calls (MA180608C195)
STO 3 MA 15Jun18 197.5 calls (MA180615C197.5) for a debit of $.72 (selling a diagonal)

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

Happy trading.

Terry