October 10, 2017  Trade Alert #2 -   Rising Tide  Portfolio

We have become negative net delta once again:

BTC 7 MA 13Oct17 144 puts (MA171013P144)

STO 7 MA 13Oct17 146 puts (MA171013P146) for a credit of $.64  (selling a vertical)

BTC 7 MA 20Oct17 143 puts (MA171020P143)

STO 7 MA 13Oct17 146 puts (MA171013P146) for a credit of $,38  (buying a diagonal)

BTO 3 MA 17Nov17 150 puts (MA171117P150)

STC 3 MA 17Nov17 140 puts (MA171117P140) for a debit of $4.33  (buying a vertical)

BTO 2 MA 17Nov17 145 calls (MA171117C145)

STC 2 MA 17Nov17 140 calls (MA171117C140) for a credit of $3.40  (selling a vertical)

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

Happy trading.

 

Terry