January 30, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We are continuing to roll up short, in-the-money call strikes:

BTC 4 MSFT 31Jan20 167.5 calls (MSFT200131C167.5)
STO 4 MSFT 31Jan20 172.5 calls (MSFT200131C172.5) for a debit of $3.45 (buying a vertical)

BTO 1 MSFT 17Jul20 180 call (MSFT200717C180)
STC 1 MSFT 17Jul20 165 call (MSFT200717C165) for a credit of $7.45 (selling a vertical)

BTO 1 MSFT 17Jul20 170 call (MSFT200717C170)
STC 1 MSFT 17Jul20 165 call (MSFT200717C165) for a credit of $2.85 (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