October 2, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 6 MA 06Oct17 141 puts (MA171006P141)

STO 6 MA 06Oct17 143 puts (MA171006P143) for a credit of $.75  (selling a vertical)

BTC 6 MA 06Oct17 141 puts (MA171006P141)

STO 6 MA 13Oct17 142 puts (MA171013P142) for a credit of $.80  (selling a diagonal)

BTC 2 MA 13Oct17 141 calls (MA171013C141)

STO 2 MA 13Oct17 144 calls (MA171013C144) for a debit of $1.56  (buying a vertical)

BTC 2 MA 13Oct17 142 calls (MA171013C142)

STO 2 MA 13Oct17 144 calls (MA171013C144) for a debit of $.91  (buying a vertical)

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

Happy trading.

 

Terry