January 16, 2019 Terry’s Tips Trade Alert Wiley Wolf  Portfolio

We have become negative net delta:

BTC 2 MSFT 18Jan19 102 calls (MSFT190118C102)
STO 2 MSFT 18Jan19 106 calls (MSFT190118C106) for a debit of $3.27 (buying a vertical)

BTO 1 MSFT 18Apr19 110 call (MSFT190418C110)
STC 1 MSFT 18Apr19 100 call (MSFT190418C100) for a credit of $5.60 (selling a vertical)

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

Happy trading.

Terry