October 5, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

We need to make some serious changes to get to lower strikes:

BTC 1 MA 05Oct18 225 put (MA181005P225)
STC 1 MA 02Nov18 225 put (MA181102P225) for a credit of $1.31 (selling a calendar)

BTC 1 MA 05Oct18 225 put (MA181005P225)
STC 1 MA 09Nov18 225 put (MA181109P225) for a credit of $1.74 (selling a calendar)

BTO 1 MA 09Nov18 212.5 put (MA181109P212.5)
STO 1 MA 12Oct18 212.5 put (MA181012P212.5) for a debit of $3.81 (buying a calendar)

BTO 2 MA 26Oct18 215 calls (MA181026C215)
STC 2 MA 19Oct18 220 calls (MA181019C220) for a debit of $2.54 (buying a diagonal)

BTO 2 MA 26Oct18 215 calls (MA181026C215)
STC 2 MA 26Oct18 222.5 calls (MA181026C222.5) for a debit of $2.40 (buying a vertical)

BTC 2 MA 05Oct18 222.5 calls (MA181005C222.5) for $.02 (no commission)

BTC 2 MA 05Oct18 225 calls (MA181005C225) for $.02 (no commission)

BTC 2 MA 05Oct18 227.5 calls (MA181005C227.5) for $.01 (no commission)

STO 4 MA 12Oct18 215 calls (MA181012C215) for $1.55

STC 2 MA 26Oct18 222.5 calls (MA181026C222.5) for $1.20

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

Happy trading.

Terry