March 26, 2019 Terry’s Tips Trade Alert – Rising Tide  Portfolio  

These trades will increase theta and help avoid our becoming negative net delta soon:   

 

BTC 1 IWM 29Mar19 149 call (IWM190329C149)

STO 1 IWM 29Mar19 152 call (IWM190329C152) for a debit of $2.14  (buying a vertical) 

 

BTO 1 IWM 17May19 152 call (IWM190517C152)

STC 1 IWM 17May19 149 call (IWM190517C149) for a credit of $1.92 (selling a vertical)  

 

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

  
Happy trading.

Terry