April 18, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio    

The option prices for next week’s series are sky high, and will enable us to add many new spreads:

BTO 3 MSFT 21Jun19 125 calls (MSFT190621C125)
STO 3 MSFT 26Apr19 124 calls (MSFT190426C124) for a debit of $1.20 (buying a diagonal)

BTO 3 MSFT 21Jun19 125 calls (MSFT190621C125)
STO 3 MSFT 26Apr19 125 calls (MSFT190426C125) for a debit of $1.59 (buying a calendar)

BTO 1 MSFT 21Jun19 125 put (MSFT190621P125)
STO 1 MSFT 26Apr19 124 put (MSFT190426P124) for a debit of $2.23 (buying a diagonal)

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

Happy trading.

Terry