February 5, 2019 Terry’s Tips Trade Alert #2 - Wiley Wolf  Portfolio

We have become negative net delta once again:

BTO 1 MSFT 18Apr19 110 put (MSFT190418P110)
STC 1 MSFT 18Apr19 105 put (MSFT190418P105) for a debit of $2.42  (buying a vertical)

BTC 1 MSFT 08Feb19 104 put (MSFT190208C104)
STO 1 MSFT 08Feb19 108 put (MSFT190208C108) for a credit of $1.08 (selling a vertical)

BTC 1 MSFT 08Feb19 105 put (MSFT190208C105)
STO 1 MSFT 15Feb19 107 put (MSFT190215C107) for a credit of $1.17 (selling a vertical)

BTC 2 MSFT 08Feb19 105 calls (MSFT190208P105)
STO 2 MSFT 08Feb19 108 calls (MSFT190208P108) for a debit of $1.92  (buying a vertical) 

BTO 2 MSFT 18Apr19 110 calls (MSFT190418C110)
STC 2 MSFT 18Apr19 105 calls (MSFT190418C105) for a credit of $2.58 (selling a vertical)

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

Happy trading.

Terry