May 18, 2017  Trade Alert  -   Rising Tide  Portfolio

We are extremely long and the stock is underperforming the market:

BTC 3 MA 19May17 118 puts (MA170519P118)

STO 3 MA 26May17 116 puts (MA170526P116) for a debit of $.68  (selling a diagonal)

BTC 4 MA 26May17 119 puts (MA170526P119)

STO 4 MA 26May17 116 puts (MA170526P116) for a debit of $1.84  (buying a vertical)

BTO 3 MA 21Jul17 115 puts (MA170721P115)

STC 3 MA 21Jul17 120 puts (MA170721P120) for a credit of $2.47  (selling a vertical)

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

Happy trading.

 

Terry