December 31, 2019  Terry’s Tips Trade Alert – Wiley Wolf  Portfolio 

  

We will close out these positions in order to get set up for next year using when we will trade monthlies rather than weeklies, with about $2000 more.  If you do not wish to continue with Auto-Trade with this larger amount, you should un-allocate your unit(s) once we have closed out these positions:

 

BTC 2 MSFT 03Jan20 160 calls (MSFT200103C160)

STC 2 MSFT 17Jan20 150 calls (MSFT200117C150) for a credit of $7.32 (selling a diagonal)

 

BTC 3 MSFT 03Jan20 160 calls (MSFT200103C160)

STC 3 MSFT 21Feb20 150 calls (MSFT200221C150) for a credit of $9.24 (selling a diagonal)

 

BTC 1 MSFT 03Jan20 160 call (MSFT200103C160)
STC 1 MSFT 21Feb20 160 call (MSFT200221C160) for a credit of $3.29 (selling a calendar)

 

BTC 2 MSFT 03Jan20 157.5 puts (MSFT200103P157.5)

STC 2 MSFT 17Jan20 155 puts (MSFT200117P155) for a credit of $.22 (selling a diagonal)

 

BTC 2 MSFT 03Jan20 157.5 puts (MSFT200103P157.5)

STC 2 MSFT 17Jan20 160 puts (MSFT200117P160) for a credit of $2.73 (selling a diagonal)

 

BTC 1 MSFT 03Jan20 157.5 put (MSFT200103P157.5)

STC 1 MSFT 24Jan20 157.5 put (MSFT200124P157.5) for a credit of $1.67 (selling a calendar)

 

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

 

Happy trading.

Terry