September 18, 2018 Terry’s Tips Trade Alert – Rising Tide Portfolio

We have become negative net delta:

BTC 1 MA 21Sep18 215 call (MA180921C215)
STC 1 MA 28Sep18 217.5 call (MA180928C217.5) for a debit of $1.20 (selling a diagonal)

BTO 1 MA 26Oct18 222.5 call (MA181026C222.5)
STC 1 MA 28Sep18 217.5 call (MA180928C217.5) for a credit of $.16 (buying a diagonal)

BTC 2 MA 21Sep18 217.5 calls (MA180921C217.5)
STO 2 MA 21Sep18 222.5 calls (MA180921C222.5) for a debit of $2.46 (buying a vertical)

BTO 2 MA 26Oct18 222.5 calls (MA181026C222.5)
STC 2 MA 05Oct18 212.5 calls (MA181005C212.5) for a credit of $4.50 (buying a diagonal)

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

Happy trading.

Terry