April 17, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We will continue rolling out our remaining short options and adding delta. First up are the calls:
 
BTC 1 MSFT 17Apr20 175 call (MSFT200417C175)
STO 1 MSFT 24Apr20 177.5 call (MSFT200424C177.5) for a credit of $0.60 (selling a diagonal)

BTC 1 MSFT 17Apr20 175 call (MSFT200417C175)
STO 1 MSFT 24Apr20 182.5 call (MSFT200424C182.5) for a debit of $1.60 (selling a diagonal)

BTC 1 MSFT 17Apr20 175 call (MSFT200417C175)
STO 1 MSFT 24Apr20 185 call (MSFT200424C185) for a debit of $2.30 (selling a diagonal)

BTO 1 MSFT 18Sep20 185 call (MSFT200918C185)
STC 1 MSFT 18Sep20 170 call (MSFT200918C170) for a credit of $7.90 (selling a vertical)


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

Happy trading.

Terry