June 12, 2019 Terry’s Tips Trade Alert – Wiley Wolf  Portfolio

We are uncomfortably long:

BTC 2 MSFT 14Jun19 135 puts (MSFT190614P135)
STO 2 MSFT 14Jun19 131 puts (MSFT190614P131) for a debit of $3.09  (buying a vertical)

BTO 1 MSFT 19Jul19 130 put (MSFT190719P130)
STC 1 MSFT 19Jul19 135 put (MSFT190719P135) for a credit of $2.00 (selling a vertical)

BTO 1 MSFT 16Aug19 130 call (MSFT190816C130)
STC 1 MSFT 19Jul19 125 call (MSFT190719C125) for a credit of $2.58 (buying a diagonal)

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

Happy trading.

Terry