June 10, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We need to get longer:
 
BTC 3 MSFT 26Jun20 182.5 puts (MSFT200626P182.5)
STO 3 MSFT 26Jun20 192.5 puts (MSFT200626P192.5)
BTO 3 MSFT 18Sep20 190 puts (MSFT200918P190)
STC 3 MSFT 18Sep20 180 puts (MSFT200918P180) for a debit of $0.90 (buying a vertical roll)

BTC 3 MSFT 26Jun20 182.5 puts (MSFT200626P182.5)
STO 3 MSFT 26Jun20 192.5 puts (MSFT200626P192.5)
BTO 3 MSFT 18Sep20 195 puts (MSFT200918P195)
STC 3 MSFT 18Sep20 185 puts (MSFT200918P185) for a debit of $1.60 (buying a vertical roll)


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

Happy trading.

Terry