February 15, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We have free cash we can put to work:

BTO 1 MSFT 18Apr19 110 put (MSFT190418P110)
STO 1 MSFT 22Feb19 107 put (MSFT190222P107) for a debit of $3.97 (buying a diagonal)

BTO 1 MSFT 18Apr19 110 put (MSFT190418P110)
STO 1 MSFT 22Feb19 108 put (MSFT190222P108) for a debit of $3.47 (buying a diagonal)

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

Happy trading.

Terry