March 5, 2019 Terry’s Tips Trade Alert – Rising Tide Portfolio

The stock is looking weaker and we can collect some premium:

STO 2 IWM 08Mar19 156 calls (IWM190308C156) for $1.32

BTO 2 IWM 17May19 157 calls (IWM190517C157)
STC 2 IWM 18Apr19 157 calls (IWM190418C157) for a debit of $1.14 (buying a calendar)

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

Happy trading.

Terry