August 23, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We need to lower some strikes and start getting set up for next week:

BTC 2 MSFT 23Aug19 139 puts (MSFT190823P139)
STO 2 MSFT 30Aug19 139 puts (MSFT190830P140) for a credit of $0.65 (selling a calendar)

BTC 4 MSFT 23Aug19 140 puts (MSFT190823P140)
STO 4 MSFT 30Aug19 138 puts (MSFT190830P138) for a debit of $0.95 (selling a diagonal)

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

Happy trading.

Terry