November 1, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 7 MA 03Nov17 149 calls (MA171103C149)

STO 7 MA 10Nov17 152.5 calls (MA171110C152.5) for a debit of $1.04  (selling a diagonal) 

BTO 1 MA 19Jan18 155 call (MA180119C155)

STC 1 MA 19Jan18 145 call (MA180119C145) for a credit of $5.39  (selling a vertical)

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

Happy trading.

 

Terry