December 6, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We remain negative net delta and will continue rolling out to next week:
 
BTC 3 MSFT 06Dec19 150 calls (MSFT191206C150)
STO 3 MSFT 13Dec19 150 calls (MSFT191213C150) for a credit of $0.75 (selling a calendar)

BTC 3 MSFT 06Dec19 150 calls (MSFT191206C150)
STO 3 MSFT 13Dec19 152.5 calls (MSFT191213C152.5) for a debit of $0.55 (selling a diagonal)


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

Happy trading.

Terry