February 6, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We have become negative net delta once again:
 
BTC 2 MSFT 28Feb20 175 puts (MSFT200228P175)
STO 2 MSFT 28Feb20 185 puts (MSFT200228P185) for a credit of $3.80 (selling a vertical)

BTO 2 MSFT 18Sep20 185 puts (MSFT200918P185)
STC 2 MSFT 18Sep20 175 puts (MSFT200918P175) for a debit of $4.55 (buying a vertical)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry