December 12, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We will start rolling out to next week as we have become negative net delta:
 
BTC 3 MSFT 13Dec19 150 calls (MSFT191213C150)
STO 3 MSFT 20Dec19 155 calls (MSFT191220C155) for a debit of $2.00 (selling a diagonal)

BTO 3 MSFT 10Jan20 150 call (MSFT200110C150)
STC 3 MSFT 10Jan20 147 call (MSFT200110C147) for a credit of $2.20 (selling a vertical)

BTC 2 MSFT 13Dec19 150 calls (MSFT191213C150)
STO 2 MSFT 20Dec19 152.5 calls (MSFT191220C152.5) for a debit of $1.05 (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