March 21, 2019 Terry’s Tips Trade Alert #2 – Rising Tide  Portfolio 

We have become negative net delta:

BTC 1 IWM 22Mar19 153.5 call (IWM190322C153.5)
STO 1 IWM 29Mar19 156 call (IWM190329C156) for a debit of $.88 (selling a diagonal) 

BTC 1 IWM 22Mar19 153.5 call (IWM190322C153.5)
STC 1 IWM 17May19 154 call (IWM190517C154) for a credit of $2.94 (selling a diagonal)

BTC 1 IWM 22Mar19 154 call (IWM190322C154)
STO 1 IWM 29Mar19 157 call (IWM190329C157) for a debit of $.92 (selling a diagonal) 

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

Happy trading.

Terry