November 21, 2017 Terry’s Tips Trade Alert – Rising Tide

We have become negative net delta:

BTC 8 MA 01Dec17 149 calls (MA171201C149)

STO 8 MA 01Dec17 152.5 calls (MA171201C152.5) for a debit of $2.42 (buying a vertical)

BTC 3 MA 01Dec17 148 puts (MA171201P148)

STO 3 MA 01Dec17 152.5 puts (MA171201P152.5) for a credit of $1.17 (selling a vertical)

BTC 10 MA 01Dec17 149 puts (MA171201P149)

STO 10 MA 01Dec17 152.5 puts (MA171201P152.5) for a credit of $1.07 (selling a vertical)

BTO 1 MA 19Jan18 155 puts (MA180119P155)

 

STC 1 MA 19Jan18 145 puts (MA180119P145) for a debit of $374 (buying a vertical)