October 26, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta. These trades will help, but not entirely fix the condition:

BTC 5 MA 27Oct17 145 calls (MA171027C145)

STO 5 MA 03Nov17 147 calls (MA171103C147) for a credit of $.52  (selling a diagonal)

BTC 5 MA 27Oct17 145 puts (MA171027P145)

STO 5 MA 03Nov17 146 puts (MA171103P146) for a credit of $2.00  (selling a diagonal)

BTO 2 MA 19Jan18 145 calls (MA180119C145)

STC 2 MA 17Nov17 140 calls (MA171117C140) for a credit of $1.50  (buying a diagonal)

BTO 6 MA 19Jan18 145 calls (MA180119C145)

STC 6 MA 17Nov17 145 calls (MA171117C145) for a debit of $2.22 (buying a calendar)

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

Happy trading.

Terry