December 24, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

These trades will set up the possibility of gains at this low stock price level:

BTC 3 MSFT 28Dec18 105 puts (MSFT181228P105)
STC 3 MSFT 18Apr19 105 puts (MSFT190418P105) for a credit of $3.47 (selling a calendar) 

BTO 2 MSFT 18Apr19 95 puts (MSFT190418P95)
STO 2 MSFT 28Dec18 95 puts (MSFT181228P95) for a debit of $5.43  (buying a calendar) 

BTO 1 MSFT 18Apr19 97.5 call (MSFT190418C97.5)

STC 1 MSFT 18Apr19 105 call (MSFT190418C105) for a debit of $1.12  (buying a vertical) 

BTO 1 MSFT 18Apr19 97.5 call (MSFT190418C97.5)

STC 1 MSFT 18Apr19 100 call (MSFT190418C100) for a debit of $2.95  (buying a vertical) 

STO 2 MSFT 28Dec18 97.5 calls (MSFT181228C97.5) for $1.18

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

Happy trading.

Terry