March 25, 2019 Terry’s Tips Trade Alert #2– Rising Tide Portfolio 

These trades will also increase theta:

BTC 1 IWM 29Mar19 155 put (IWM190329P155)
STC 1 IWM 17May19 156 put (IWM190517P156) for a credit of $2.10 (selling a diagonal)

BTO 1 IWM 17May19 149 put (IWM190517P149)
STO 1 IWM 29Mar19 149 put (IWM190329P149) for a debit of $2.55 (buying a calendar)

BTC 1 IWM 29Mar19 156 call (IWM190329C156)
STO 1 IWM 5Apr19 155 call (IWM190405C155) for a credit of $.33 (selling a diagonal)

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

Happy trading.

Terry