July 19, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

These trades will get us set up for next week:

BTC 1 MSFT 19Jul19 137 call (MSFT190719C137)
STO 1 MSFT 26Jul19 137 call (MSFT190726C137) for a credit of $1.22 (selling a calendar)

BTC 3 MSFT 19Jul19 139 calls (MSFT190719C139) for $.02 (no commission)

STO 3 MSFT 26Jul19 138 calls (MSFT190726C138) for $.96

BTC 4 MSFT 19Jul19 138 puts (MSFT190719P138)
STO 4 MSFT 26Jul19 138 puts (MSFT190726P138) for a credit of $.85 (selling a calendar)

BTO 2 MSFT 20Sep19 135 calls (MSFT190920C135)
STC 2 MSFT 16Aug19 140 calls (MSFT190816C140) for a debit of $3.93 (buying a diagonal)

Be prepared to change this(these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry