November 20, 2017 Terry’s Tips Trade Alert #2 – Rising Tide

We have become negative net delta once again:

BTC 4 MA 01Dec17 149 calls (MA171201C149)

STO 4 MA 01Dec17 152.5 calls (MA171201C152.5) for a debit of $1.64 (buying a vertical)

BTC 7 MA 24Nov17 150 puts (MA171124P150)

STO 7 MA 01Dec17 150 puts (MA171201P150) for a credit of $.59 (selling a calendar)

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

Happy trading.

 

Terry