November 6, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 6 MA 10Nov17 148 calls (MA171110C148)

STO 6 MA 17Nov17 152.5 calls (MA171117C152.5) for a debit of $1.77  (selling a diagonal)

BTC 7 MA 10Nov17 148 puts (MA171110P148)

STO 7 MA 10Nov17 150 puts (MA171110P150) for a credit of $.57  (selling a vertical)

BTO 2 MA 19Jan18 155 calls (MA180119C155)

STC 2 MA 19Jan18 145 calls (MA180119C145) for a credit of $5.34  (selling a vertical)

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

Happy trading.

 

Terry