June 3, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

With the stock down over $3, we need to collect some lower-strike premium:

BTO 1 MSFT 19Jul19 120 call (MSFT190719C120)
STC 1 MSFT 19Jul19 130 call (MSFT190719C130) for a debit of $3.87 (buying a vertical)

BTC 1 MSFT 07Jun19 125 call (MSFT190607C105) 
STO 1 MSFT 07Jun19 120 call (MSFT190607C102) for a credit of $1.68 (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