March 11, 2019 Terry’s Tips Trade Alert  – Rising Tide Portfolio

We have some cash we can put to work, and get a little more positive net delta: 

BTC 1 IWM 15Mar19 151 call (IWM190315C151)
STO 1 IWM 22Mar19 151 call (IWM190322C151) for a credit of $.46 (selling a calendar)

BTO 1 IWM 17May19 154 call (IWM190517C154)
STO 1 IWM 15Mar19 154 call (IWM190315C154) for a debit of $3.22 (buying a calendar)

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

Happy trading.

Terry