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

We need to roll some short options to lower strikes:

BTO 1 MSFT 18Apr19 105 put (MSFT190418P105)
STC 1 MSFT 18Apr19 115 put (MSFT190418P115) for a credit of $5.59 (selling a vertical)

BTO 1 MSFT 18Apr19 110 put (MSFT190418P110)
STC 1 MSFT 18Apr19 115 put (MSFT190418P115) for a credit of $3.01 (selling a vertical)

BTC 2 MSFT 07Dec18 113 puts (MSFT181207P113)
STO 2 MSFT 07Dec18 107 puts (MSFT181207P107) for a debit of $5.31 (buying a vertical)

BTC 1 MSFT 07Dec18 113 call (MSFT181207C113) for $.03 (no commission)

STO 1 MSFT 07Dec18 107 call (MSFT181207C107) for $.72

BTC 2 MSFT 07Dec18 112 calls (MSFT181207C112)
STO 2 MSFT 14Dec18 107 calls (MSFT181214C107) for a credit of $1.86 (selling a diagonal)

BTO 1 MSFT 18Apr19 105 call (MSFT190418C105)
STC 1 MSFT 18Apr19 110 call (MSFT190418C110) for a debit of $2.50 (buying a vertical)

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

Happy trading.

Terry