December 6, 2018 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We  have some spare cash and need to roll more short options to lower strikes:

 

BTO 1 MSFT 18Apr19 105 put (MSFT190418P105)

STC 1 MSFT 18Apr19 115 put (MSFT190418P115) for a credit of $5.72 (selling a vertical)

 

BTC 1 MSFT 07Dec18 112 put (MSFT181207P112)

STO 1 MSFT 14Dec18 107 put (MSFT181214P107) for a debit of $3.45  (buying a vertical) 

 

BTC 1 MSFT 07Dec18 112 put (MSFT181207P112)

STO 1 MSFT 14Dec18 106 put (MSFT181214P106) for a debit of $3.92  (buying a vertical) 

 

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

Happy trading.

Terry