May 15, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 2 MA 19May17 116 calls (MA170519C116)

STO 2 MA 26May17 119 calls (MA170526C119) for a debit of $1.32  (selling a diagonal)

BTC 3 MA 19May17 116 puts (MA170519P116)

STO 3 MA 26May17 119 puts (MA170526P119) for a credit of $1.65  (selling a diagonal)

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

Happy trading.

 

Terry