March 1, 2017  Trade Alert #2 -   Rising Tide  Portfolio

With the stock moving even higher, we have become negative net delta once again:

BTC 4 MA 03Mar17 110 puts (MA170303P110) for $.03 (no commission)

STO 4 MA 10Mar17 113 puts (MA170310P113) for $.98

BTC 2 MA 03Mar17 111 puts (MA170303P111)

STO 2 MA 17Mar17 113 puts (MA170317P113) for a credit of $1.28  (selling a diagonal)

BTO 3 MA 21Apr17 115 puts (MA170421P115)

STC 3 MA 21Apr17 110 puts (MA170421P110) for a debit of $2.24  (buying a vertical)

BTC 3 MA 03Mar17 111 calls (MA170303C111)

STO 3 MA 10Mar17 114 calls (MA170310C114) for a debit of $1.44  (selling a diagonal)

BTO 1 MA 21Apr17 115 call (MA170421C115)

STC 1 MA 21Apr17 105 call (MA170421C105) for a credit of $6.93  (selling a vertical)

BTC 2 MA 10Mar17 110 calls (MA170310C110)

STO 2 MA 17Mar17 113 calls (MA170317C113) for a debit of $1.81  (selling a diagonal)

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

Happy trading.

 

Terry