March 12, 2019 Terry’s Tips Trade Alert  – Rising Tide  Portfolio

We are close to becoming negative net delta:

BTC 1 IWM 15Mar19 151 call (IWM190315C151)
STO 1 IWM 15Mar19 155 call (IWM190315C155) for a debit of $2.96 (buying a vertical)

BTC 1 IWM 15Mar19 151 call (IWM190315C151)
STC 1 IWM 17May19 151 call (IWM190517C151) for a credit of $2.85 (selling a calendar)

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

Happy trading.

Terry