December 20, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We are completing our rollouts to next week and increasing delta:
 
BTC 2 MSFT 20Dec19 150 puts (MSFT191220P150) for $0.02 (no commissions)

BTC 5 MSFT 20Dec19 152.5 puts (MSFT191220P152.5) for $0.02 (no commissions)

BTC 4 MSFT 20Dec19 155 puts (MSFT191220P155) for $0.03 (no commissions)

BTC 4 MSFT 20Dec19 157.5 calls (MSFT191220C157.5) for $0.05 (no commissions)

STC 1 MSFT 10Jan20 155 call (MSFT200110C155) for $3.35
 
STC 1 MSFT 10Jan20 160 call (MSFT200110C160) for $0.85

STO 2 MSFT 27Dec19 157.5 calls (MSFT191227C157.5) for $0.70

STC 2 MSFT 17Jan20 150 puts (MSFT200117P150) for $0.55

STO 5 MSFT 27Dec19 157.5 puts (MSFT191227P157.5) for $1.00

STO 4 MSFT 27Dec19 155 puts (MSFT191227P155) for $0.25

BTO 2 MSFT 17Jan20 160 puts (MSFT200117P160)
STC 2 MSFT 17Jan20 150 puts (MSFT200117P150) for a debit of $3.35 (buying a vertical)

BTO 1 MSFT 17Jan20 155 put (MSFT200117P155)
STC 1 MSFT 17Jan20 150 put (MSFT200117P150) for a debit of $0.95 (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