December 26, 2019  Terry’s Tips Trade Alert – Wiley Wolf  Portfolio 

  

These trades will get us positive net delta and start preparing the portfolio for next year:

 

BTC 4 MSFT 27Dec19 155 calls (MSFT191227C155)

STC 4 MSFT 17Jan20 150 calls (MSFT200117C150) for a credit of $5.53 (selling a diagonal) 

 

BTC 4 MSFT 27Dec19 155 puts (MSFT191227P155)

STC 4 MSFT 17Jan20 155 puts (MSFT200117P155) for a credit of $1.03 (selling a diagonal)

 

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

 

Happy trading.

Terry