June 7, 2018 Terry’s Tips Trade Alert– Rising Tide  Portfolio

We have become negative net delta:

BTC 3 MA 08Jun18 197.5 calls (MA180608C197.5)
STO 3 MA 15Jun18 202.5 calls (MA180615C202.5) for a debit of $2.54 (selling a diagonal)

BTO 3 MA 13Jul18 202.5 calls (MA180713C202.5)
STC 3 MA 13Jul18 195 calls (MA180713C195) for a credit of $4.88 (selling a vertical)

BTC 3 MA 08Jun18 200 calls (MA180608C200)
STO 3 MA 15Jun18 205 calls (MA180615C205) for a debit of $1.29 (selling a diagonal)

BTO 1 MA 13Jul18 205 call (MA180713C205)
STC 1 MA 15Jun18 195 call (MA180615C195) for a credit of $4.29 (buying a diagonal)

BTC 4 MA 15Jun18 197.5 calls (MA180615C197.5)
STO 4 MA 15Jun18 205 calls (MA180615C205) for a debit of $4.34 (buying a vertical)

BTO 4 MA 22Jun18 205 calls (MA180622C205)
STC 4 MA 22Jun18 195 calls (MA180622C195) for a credit of $6.07 (selling a vertical)

BTC 3 MA 15Jun18 197.5 calls (MA180615C197.5)
STO 3 MA 15Jun18 202.5 calls (MA180615C202.5) for a debit of $3.36 (buying a vertical)

BTC 2 MA 08Jun18 195 puts (MA180608P195)
STO 2 MA 15Jun18 202.5 puts (MA180615P202.5) for a credit of $2.42 (selling a diagonal) 

BTO 1 MA 13Jul18 202.5 put (MA180713P202.5)
STC 1 MA 13Jul18 195 put (MA180713P195) for a debit of $2.77 (buying a vertical)

BTC 5 MA 15Jun18 195 puts (MA180615P195)
STO 5 MA 15Jun18 202.5 puts (MA180615P202.5) for a credit of $2.03 (selling a vertical)

BTO 2 MA 22Jun18 202.5 puts (MA180622P202.5)
STC 2 MA 22Jun18 195 puts (MA180622P195) for a debit of $2.50 (buying a vertical)

BTO 2 MA 06Jul18 202.5 puts (MA180706P202.5)
STC 2 MA 06Jul18 195 puts (MA180706P195) for a debit of $2.71 (buying a vertical)

BTO 1 MA 13Jul18 202.5 put (MA180713P202.5)
STC 1 MA 13Jul18 195 put (MA180713P195) for a debit of $2.77(buying a vertical)

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

Happy trading.

Terry