Subject: November 9, 2017 Trade Alert - Rising Tide Portfolio

November 9, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become uncomfortably long. This trade will cut our positive net delta position in about half:

BTC 7 MA 10Nov17 150 puts (MA171110P150)

STO 7 MA 17Nov17 148 puts (MA171117P148) for a debit of $.54  (selling a diagonal)

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

Happy trading.

Terry

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