December 26, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

These trades will get us set up for next week:

BTC 1 MSFT 28Dec18 97.5 put (MSFT181228P97.5) for $.03 (no commission)

STO 1 MSFT 4Jan19 97.5 put (MSFT190104P97.5) for $.95 

BTC 2 MSFT 28Dec18 100 calls (MSFT181228C100)
STO 2 MSFT 4Jan19 100 calls (MSFT190104C100) for a credit of $1.61 (selling a calendar)

BTC 2 MSFT 28Dec18 97.5 calls (MSFT181228C97.5)
STO 2 MSFT 4Jan19 103 calls (MSFT190104C103) for a debit of $2.21 (selling a calendar)

BTO 1 MSFT 18Apr19 105 put (MSFT190418P105)
STO 1 MSFT 4Jan19 105 put (MSFT190104P105) for a debit of $4.94 (buying a calendar)

BTO 1 MSFT 18Apr19 105 call (MSFT190418C105)
STC 1 MSFT 18Apr19 97.5 call (MSFT190418C97.5) for a credit of $3.83 (selling a vertical)

BTO 1 MSFT 18Apr19 100 call (MSFT190418C100)
STC 1 MSFT 18Apr19 97.5 call (MSFT190418C97.5) for a credit of $1.39 (selling a vertical)

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

Happy trading.

Terry