October 9, 2017  Trade Alert  -   Rising Tide  Portfolio

We have become negative net delta:

BTC 7 MA 13Oct17 142 puts (MA171013P142)

STO 7 MA 13Oct17 144 puts (MA171013P144) for a credit of $.76  (selling a vertical)

BTC 7 MA 13Oct17 142 puts (MA171013P142)

STO 7 MA 20Oct17 143 puts (MA171020P143) for a credit of $.79  (selling a diagonal)

BTO 2 MA 17Nov17 145 puts (MA171117P145)

STC 2 MA 17Nov17 140 puts (MA171117P140) for a debit of $2.10  (buying a vertical)

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

Happy trading.

 

Terry