May 15, 2017  Trade Alert #2 -   Rising Tide  Portfolio

We have become negative net delta once again:

BTC 5 MA 19May17 116 puts (MA170519P116)

STO 5 MA 26May17 118 puts (MA170526P118) for a credit of $.88  (selling a diagonal)

BTO 3 MA 21Jul17 120 calls (MA170721C120)

STO 3 MA 19May17 119 calls (MA170519C119) for a debit of $1.80  (buying a diagonal)

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

Happy trading.

 

Terry