October 11, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 11 MA 13Oct17 145 calls (MA171013C145)

STO 11 MA 20Oct17 147 calls (MA171020C147) for a debit of $.48  (selling a diagonal)

BTO 2 MA 19Jan18 145 calls (MA180119C145)

STC 2 MA 17Nov17 140 calls (MA171117C140 for a credit of $1.45  (buying a diagonal)

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

Happy trading.

 

Terry