November 27, 2017  Terry’s Tips Trade Alert #2 – Rising Tide

We are negative net delta once again:

BTC 4 MA 01Dec17 152.5 calls (MA171201C152.5)

STO 4 MA 01Dec17 155 calls (MA171201C155) for a debit of $1.15 (buying a vertical)

BTO 2 MA 19Jan18 155 calls (MA180119C155)

STC 2 MA 19Jan18 150 calls (MA180119C150) for a credit of $2.82 (selling a vertical)

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

Happy trading.

 

Terry