August 29, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We have become negative net delta:

BTC 4 MSFT 30Aug19 136 calls (MSFT190830C136)
STO 4 MSFT 30Aug19 138 calls (MSFT190830C138) for a debit of $1.55 (buying a vertical)

BTC 5 MSFT 30Aug19 137 calls (MSFT190830C137)
STO 5 MSFT 30Aug19 139 calls (MSFT190830C139) for a debit of $1.20 (buying a vertical)

STC 1 MSFT 27Sep19 136 call (MSFT190927C136) for $4.75

BTO 3 MSFT 18Oct19 140 calls (MSFT191018C140)
STC 3 MSFT 18Oct19 135 calls (MSFT191018C135) for a credit of $2.88 (selling a vertical)


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

Happy trading.

Terry