January 29, 2019 Terry’s Tips Trade Alert – Wiley Wolf  Portfolio 

We are a little too positive net delta since the stock has moved lower:

BTO 2 MSFT 18Apr19 105 calls (MSFT190418C105)
STC 2 MSFT 18Apr19 110 calls (MSFT190418C110) for a debit of $2.16 (buying a vertical)

BTC 2 MSFT 1Feb19 110 calls (MSFT190201C110)
STO 2 MSFT 1Feb19 105 calls (MSFT190201C105) for a credit of $1.49 (selling a vertical)

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

Happy trading