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

We have become negative net delta:

BTO 1 MSFT 18Apr19 110 put (MSFT190418P110)
STC 1 MSFT 18Apr19 105 put (MSFT190418P105) for a debit of $2.56 (buying a vertical)

BTC 1 MSFT 08Feb19 104 put (MSFT190208C104)
STO 1 MSFT 08Feb19 107 put (MSFT190208C107) for a credit of $1.59 (selling a vertical)

BTC 1 MSFT 08Feb19 104 put (MSFT190208C104)
STO 1 MSFT 08Feb19 108 put (MSFT190208C108) for a credit of $.95 (selling a vertical)

BTC 2 MSFT 08Feb19 105 calls (MSFT190208P105)
STO 2 MSFT 08Feb19 107 calls (MSFT190208P107) for a credit of $1.25 (selling a vertical)

STC 1 MSFT 18Apr19 110 call (MSFT190418C110) for $2.47

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

Happy trading.

Terry