February 4, 2019 Terry’s Tips Trade Alert – Wiley Wolf   Portfolio

We have become negative net delta.  This will fix that:

BTC  1 MSFT 08Feb19 102 call (MSFT190208C102)
STO 1 MSFT 08Feb19 105 call (MSFT190208P105) for a debit of $2.27 (buying a vertical)

BTC  1 MSFT 08Feb19 102 call (MSFT190208C102)
STO 1 MSFT 08Feb19 107 call (MSFT190208C107) for a debit of $3.11 (buying a vertical)

STC 1 MSFT 18Apr19 100 call (MSFT190418C100)
BTO 1 MSFT 18Apr19 105 call (MSFT190418C105) for a credit of $3.16 (selling a vertical)

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

Happy trading.

Terry