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

We have become negative net delta:

BTC 3 MSFT 05Apr19 118 calls (MSFT190405C118)
STO 3 MSFT 05Apr19 120 calls (MSFT190405C120) for a debit of $1.26  (buying a vertical)

BTO 2 MSFT 21Jun19 120 calls (MSFT190621C120)
STC 2 MSFT 17May19 115 calls (MSFT190517C115) for a credit of $2.26 (buying a diagonal)

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

Happy trading.

Terry