Subject: April 1, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

April 1, 2019 Terry’s Tips Trade Alert  #2 – Wiley Wolf  Portfolio  

We are dangerously close to being negative net delta:

BTC 1 MSFT 05Apr19 117 put (MSFT190405P117)
STO 1 MSFT 05Apr19 120 put (MSFT190405P120) for a credit of $1.17 (selling a vertical)

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

Happy trading.

Terry

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