May 25, 2017  Trade Alert – Rising Tide  Portfolio

We have become negative net delta:

BTC 4 MA 26May17 119 puts (MA170526P119) for $.03 (no commission)

STO 4 MA 02Jun17 122 puts (MA170526P122) for $.84

BTO 2 MA 21Jul17 125 puts (MA170721P125)

STC 2 MA 21Jul17 120 puts (MA170721P120) for a debit of $2.53  (buying a vertical)

BTC 3 MA 26May17 120 calls (MA170526C120)

STO 3 MA 02Jun17 122 calls (MA170602C122) for a debit of $1.16  (selling a diagonal)

BTO 2 MA 21Jul17 125 calls (MA170721C125)

STC 2 MA 21Jul17 120 calls (MA170721C120) for a credit of $2.50  (selling a vertical)

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

Happy trading.

Terry