March 7, 2019 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We need to get some short options to lower strikes:

 

BTC 3 IWM 08Mar19 158 calls (IWM190308C158) for $.01 (no commission) 

 

BTC 4 IWM 08Mar19 157 calls (IWM190308C157) for $.01 (no commission) 

 

STC 1 IWM 17May19 160 call (IWM190517C160) for $1.22

 

STC 2 IWM 18Apr19 158 calls (IWM190418C158) for $.96

 

STC 1 IWM 18Apr19 162 call (IWM190418C162) for $.26

 

STO 3 IWM 15Mar19 156 calls (IWM190315C156) for $.26

 

BTO 2 IWM 17May19 152 puts (IWM190517P152)

STO 2 IWM 15Mar19 152 puts (IWM190315P152) for a debit of $2.94  (buying a calendar) 

 

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

  
Happy trading.

Terry