January 28, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We need to raise delta:

BTC 2 MSFT 31Jan20 162.5 calls (MSFT200131C162.5)
STO 2 MSFT 31Jan20 170 calls (MSFT200131C170) for a debit of $3.45 (buying a vertical)

BTO 1 MSFT 17Jul20 170 call (MSFT200717C170)
STC 1 MSFT 17Jul20 160 call (MSFT200717C160) for a credit of $5.20 (selling a vertical)


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

Happy trading.

Terry