March 28, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

If you were assigned 182.5 puts, sell the stock at the market and sell the proper number of 27Apr18 182.50 puts.  Otherwise, place the following trade:

BTC 3 MA 29Mar18 182.5 puts (MA180329P182.5)
STC 3 MA 27Apr18 182.5 puts (MA180427P182.5) for a credit of $.95 (selling a calendar)

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

Happy trading.

Terry