February 7, 2019 Terry’s Tips Trade Alert  - Wiley Wolf Portfolio

With the stock down again, we need to get some short options at lower strikes:

BTC 2 MSFT 08Feb19 108 puts (MSFT190208P108)
STO 2 MSFT 15Feb19 108 puts (MSFT190215P108) for a credit of $.32 (selling a calendar)

BTO 2 MSFT 18Apr19 105 calls (MSFT190418C105)
STC 2 MSFT 18Apr19 110 calls (MSFT190418C110) for a debit of $2.29 (selling a vertical)

BTC 2 MSFT 08Feb19 108 calls (MSFT190208C108)
STO 2 MSFT 15Feb19 105 calls (MSFT190215C105) for a credit of $1.63 (selling a diagonal)

STO 3 MSFT 15Feb19 106 calls (MSFT190215C106)
BTC 3 MSFT 08Feb19 107 calls (MSFT190208C107) for a credit of $1.04 (selling a diagonal)

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

Happy trading.

Terry