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

We have some cash we can put to work:

BTO 1 IWM 21Jun19 154 put (IWM190621P154)
STO 1 IWM 22Mar19 154 put (IWM190322P154) for a debit of $4.20 (buying a calendar)

BTC 2 IWM 22Mar19 155.5 calls (IWM190322C155.5)
STO 2 IWM 29Mar19 155 calls (IWM190329C155) for a credit of $.91 (selling a diagonal)

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

Happy trading.

Terry