March 16, 2017  Trade Alert #2 -   Rising Tide  Portfolio

We have become negative net delta once again:

BTC 3 MA 24Mar17 111 calls (MA170324C111)

STO 3 MA 31Mar17 113 calls (MA170331C113) for a debit of $83  (selling a diagonal)

BTO 2 MA 21Jul17 115 calls (MA170721C115)

STC 2 MA 21Jul17 110 calls (MA170721C110) for a credit of $2.65  (selling a vertical)

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

Happy trading.

 

Terry