Subject: May 19, 2017 Trade Alert - Rising Tide Portfolio
May 19, 2017 Trade Alert - Rising Tide Portfolio
These trades will get us set up for next week:
BTC 2 MA 19May17 118 calls (MA170519C118) for a limit of $.05 (no commission)
If that trade executes:
STO 2 MA 26May17 118 calls (MA170519C118) for $.68
BTO 1 MA 15Sep17 115 call (MA170915C115)
STC 1 MA 21Jul17 110 call (MA170721C110) for a credit of $2.18 (buying a diagonal)
BTO 5 MA 15Sep17 115 calls (MA170915C115)
STC 5 MA 21Jul17 115 calls (MA170721C115) 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
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