December 10, 2018 Terry’s Tips Trade Alert – Wiley Wolf  Portfolio

We are uncomfortably long.  This will help a little:

BTC 1 MSFT 14Dec18 109 put (MSFT181214P109)
STO 1 MSFT 14Dec18 105 put (MSFT181214P105) for a debit of $2.27 (buying a vertical)

BTO 1 MSFT 18Apr19 105 put (MSFT190418P105)
STC 1 MSFT 18Apr19 110 put (MSFT190418P110) for a credit of $2.54 (selling a vertical)

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

Happy trading.

Terry