November 10, 2016  Trade Alert -  Rising Tide  Portfolio

 

The stock has moved up almost $2 since we placed our spreads, and we need to move to higher strikes:

 

 

BUY +3 VERTICAL MA 100 21 APR 17 105/100 PUT @1.63 LMT 

BTO,STC

 

SELL -3 VERTICAL MA 100 18 NOV 16 107/103 PUT @.88 LMT

BTC,STO

 

 

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

 
Happy trading.

 

Terry