November 8, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become too long and can collect some nice premium here:

BTC 7 MA 10Nov17 152.5 calls (MA171110C152.5) for $.04 (no commission)

STO 7 MA 17Nov17 150 calls (MA171117C150) for $1.30

BTO 2 MA 19Jan18 150 puts (MA180119P150)

STC 2 MA 01Dec17 152.5 puts (MA171201P152.5) for a debit of $.15  (buying a diagonal)

BTO 2 MA 19Jan18 155 puts (MA180119P155)

STC 2 MA 01Dec17 152.5 puts (MA171201P152.5) for a debit of $3.10  (buying a diagonal)

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

Happy trading.

 

Terry