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

We need to roll down to lower strikes:

BTC 5 MSFT 02Aug19 140 puts (MSFT190802P140)
STO 5 MSFT 09Aug19 135 puts (MSFT190809P135) for a debit of $2.75 (selling a diagonal)

BTO 5 MSFT 20Sep19 135 puts (MSFT190920P135)
STC 5 MSFT 20Sep19 140 puts (MSFT190920P140) for a credit of $2.67 (selling a vertical)

BTC 10 MSFT 02Aug19 141 calls (MSFT190802C141) for $.01 (no commission)

BTC 3 MSFT 02Aug19 139 calls (MSFT190802C129) for $.02 (no commission)

BTO 5 MSFT 20Sep19 135 calls (MSFT190920C135)
STC 5 MSFT 20Sep19 140 calls (MSFT190920C140) for a debit of $2.34 (buying a vertical)

STO 5 MSFT 09Aug19 137 calls (MSFT190809C137) for $1.28

STO 5 MSFT 09Aug19 138 calls (MSFT190809C138) for $.91

STO 1 MSFT 09Aug19 136 call (MSFT190809C136) for $1.77

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

Happy trading.

Terry