December 13, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We are continuing rolling out to next week and raising delta:
 
BTO 1 MSFT 24Jan20 157.5 put (MSFT200124P157.5)
STC 1 MSFT 24Jan20 148 put (MSFT200124P148) for a debit of $3.45 (buying a vertical)

BTC 5 MSFT 13Dec19 152.5 calls (MSFT191213C152.5)
STO 5 MSFT 20Dec19 155 calls (MSFT191220C155) for a debit of $1.15 (selling a diagonal)

BTC 2 MSFT 13Dec19 152.5 calls (MSFT191213C152.5)
STO 2 MSFT 20Dec19 157.5 calls (MSFT191220C157.5) for a debit of $2.05 (selling a diagonal)

BTO 3 MSFT 10Jan20 155 calls (MSFT200110C155)
STC 3 MSFT 10Jan20 147 calls (MSFT200110C147) for a credit of $6.05 (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