March 28, 2019 Terry’s Tips Trade Alert – Rising Tide  Portfolio  

We have become negative net delta:  

BTC 3 IWM 29Mar19 150 calls (IWM190329C150)
STO 3 IWM 5Apr19 153 calls (IWM190405C153) for a debit of $1.30 (selling a diagonal)

BTO 2 IWM 17May19 153 calls (IWM190517C153)
STC 2 IWM 17May19 150 calls (IWM190517C150) for a credit of $1.89 (selling a vertical)

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

Happy trading.

Terry