December 6, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

We need to roll our remaining short positions out to next week and roll out our long positions to January:
 
BTC 2 MSFT 06Dec19 152.5 calls (MSFT191206C152.5) for $0.03 (no commissions)

BTC 3 MSFT 06Dec19 148 puts (MSFT191206P148) for $0.03 (no commissions)

BTC 2 MSFT 06Dec19 149 puts (MSFT191206P149) for $0.04 (no commissions)

BTC 2 MSFT 06Dec19 150 puts (MSFT191206P150) for $0.05 (no commissions)

STO 2 MSFT 13Dec19 152.5 calls (MSFT191213C152.5) for $0.65

STO 2 MSFT 13Dec19 152.5 puts (MSFT191213P152.5) for $1.60

STO 2 MSFT 13Dec19 150 puts (MSFT191213P150) for $0.55

STO 3 MSFT 13Dec19 149 puts (MSFT191213P149) for $0.35

BTO 2 MSFT 17Jan20 155 puts (MSFT200117P155)
STC 2 MSFT 17Jan20 150 puts (MSFT200117P150) for a debit of $2.50 (buying a vertical)

BTO 6 MSFT 10Jan20 147 calls (MSFT200110C147)
STC 6 MSFT 20Dec19 145 calls (MSFT191220C145) for a credit of $0.70 (buying a diagonal)

BTO 3 MSFT 17Jan20 150 calls (MSFT200117C150)
STC 3 MSFT 20Dec19 150 calls (MSFT191220C150) for a debit of $1.75 (buying a calendar)


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

Happy trading.

Terry