May 18, 2018 Terry’s Tips Trade Alert #2 – Rising Tide Portfolio

We can use our spare cash to buy more time for some long puts:

BTO 2 MA 22Jun18 192.5 puts (MA180622P192.5)
STC 2 MA 01Jun18 192.5 puts (MA180601P192.5) for a debit of $1.75 (buying a calendar)

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

Happy trading.

Terry