August 19, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We have become negative net delta:

BTC 3 MSFT 23Aug19 135 calls (MSFT190823C135)
STO 3 MSFT 23Aug19 138 calls (MSFT190823C138) for a debit of $2.12 (buying a vertical)

BTO 1 MSFT 18Oct19 140 call (MSFT191018C140)
STC 1 MSFT 18Oct19 135 call (MSFT191018C135) for a credit of $2.90 (selling a vertical)

BTO 1 MSFT 18Oct19 140 call (MSFT191018C140)
STC 1 MSFT 20Sep19 135 call (MSFT190920C135) for a credit of $1.33 (buying a diagonal)

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

Happy trading.

Terry