December 18, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

These trades will make us a little shorter and increase theta nicely:

BTC 2 MSFT 21Dec18 110 puts (MSFT181221P110)
STO 2 MSFT 21Dec18 105 puts (MSFT181221P105) for a debit of $4.10 (buying a vertical)

BTO 2 MSFT 18Apr19 105 puts (MSFT190418P105)
STC 2 MSFT 18Apr19 110 puts (MSFT190418P110) for a credit of $2.83 (selling a vertical)

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

Happy trading.

Terry