December 20, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

We can use excess cash to roll out a long call:
 

BTO 1 MSFT 21Feb20 160 call (MSFT200221C160)
STC 1 MSFT 10Jan20 160 call (MSFT200110C160) for a debit of $2.80 (buying a calendar)


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

Happy trading.

Terry