April 5, 2019 Terry’s Tips Trade Alert  – Wiley Wolf  Portfolio  

These trades will get us set up for next week:

BTC 3 MSFT 05Apr19 119 puts (MSFT190405P119) for $.03 (no commission)

STO 3 MSFT 12Apr19 120 puts (MSFT190412P120) for $1.08

BTC 2 MSFT 05Apr19 121 calls (MSFT190405C121) for $.01 (no commission)

STO 2 MSFT 12Apr19 121 calls (MSFT190412C121) for $.54

BTC 3 MSFT 05Apr19 120 calls (MSFT190405C120)
STO 3 MSFT 12Apr19 120 calls (MSFT190412C120) for a credit of $.87 (selling a calendar)

BTO 3 MSFT 21Jun19 120 puts (MSFT190621P120)
STC 3 MSFT 17May19 120 puts (MSFT190517P120) for a debit of $.81 (buying a calendar)

BTO 1 MSFT 21Jun19 125 put (MSFT190621P125)
STO 1 MSFT 12Apr19 122 put (MSFT190412P122) for a debit of $4.97 (buying a diagonal)

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

Happy trading.

Terry