November 17, Trade Alert Rising Tide Portfolio.

MA is down over a dollar today and we need to sell new options at lower strikes.  We will use the 1Dec17 series rather than next week’s because premiums are small next week and rolling over on Friday’s half day of trading will be difficult (with lousy prices).

BTC 12 MA 17Nov17 150 calls (MA171117C150) for  $ .04 (no commission)

 

BTC 6 MA 17Nov17 152.5 calls (MA171117C152.5) for $.01  (no commission)

 

STO 12 MA 01Dec17 149 calls (MA171201C149) for  $ 1.34  

 

STO 6  MA 01Dec17 148 calls (MA171201C148)  for  $ 1.93  

 

BTO 3 MA 19Jan18 145 calls (MA180119C145)

STC 3 MA 19Jan18 155 calls (MA180119C155)  for a debit  of  $ 4.88  (buying a vertical) 

 

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

  

Happy trading.

 

 

Terry