March 1, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 2 MA 03Mar17 109 puts (MA170303P109)

STO 2 MA 17Mar17 111 puts (MA170317P111) for a credit of $1.20  (selling a diagonal)

BTC 4 MA 03Mar17 110 calls (MA170303C110)

STO 4 MA 17Mar17 112 calls (MA170317C112) for a debit of $.39  (selling a diagonal)

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

Happy trading.

 

Terry