December 13, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

We can complete rolling out to next week and raising delta:
 
BTC 4 MSFT 13Dec19 152.5 puts (MSFT191213P152.5) for $0.04 (no commissions)

STO 4 MSFT 20Dec19 155 puts (MSFT191220P155) for $1.30

BTO 2 MSFT 17Jan20 155 puts (MSFT200117C155)
STC 2 MSFT 17Jan20 150 puts (MSFT200117P150) for a debit of $1.65 (buying a vertical)

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

Happy trading.

Terry