April 15, 2019 Terry’s Tips Trade Alert  – Wiley Wolf  Portfolio    

We are close to becoming negative net delta:

BTO 1 MSFT 21Jun19 125 call (MSFT190621C125)
STC 1 MSFT 21Jun19 120 call (MSFT190621C120) for a credit of $2.42 (selling a vertical)

BTC 3 MSFT 18Apr19 121 calls (MSFT190418C121)
STO 3 MSFT 18Apr19 122 calls (MSFT190418C122) for a debit of $.52 (buying a vertical)

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

Happy trading.

Terry