July 31, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

The stock is lower once again and we need to roll down some strikes:

BTC 3 MSFT 2Aug19 142 calls (MSFT190802C142)
STO 3 MSFT 2Aug19 139 calls (MSFT190802C139) for a credit of $1.01 (selling a vertical)

BTC 1 MSFT 20Sep19 135 call (MSFT190920C135)
STO 1 MSFT 20Sep 19 140 call (MSFT190920C140) for a debit of $3.05 (buying a vertical)

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

Happy trading.

Terry