July 26, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We have become negative net delta:

BTC 2 MSFT 26Jul19 140 calls (MSFT190726C140)
STO 2 MSFT 2Aug19 141 calls (MSFT190802C141) for a credit of $.33 (selling a diagonal)

BTC 6 MSFT 26Jul19 140 calls (MSFT190726C140)
STO 6 MSFT 2Aug19 142 calls (MSFT190802C142) for a debit of $.01 (selling a diagonal)

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

Happy trading.

Terry