February 25, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

These trades will get us longer and increase theta:

BTO 2 MSFT 18Apr19 115 puts (MSFT190418P115)
STC 2 MSFT 18Apr19 110 puts (MSFT190418P110) for a debit of $2.41 (buying a vertical)

BTC 2 MSFT 01Mar19 110 puts (MSFT190301P110)
STO 2 MSFT 01Mar19 112 puts (MSFT190301P112) for a credit of $.62 (selling a vertical)

BTC 2 MSFT 01Mar19 110 puts (MSFT190301P110)
STO 2 MSFT 01Mar19 113 puts (MSFT190301P113) for a credit of $1.20 (selling a vertical)

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

Happy trading.

Terry