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

With the stock down over $2, we need to collect some lower-strike premium:

BTO 2 MSFT 16Aug19 120 calls (MSFT190816C120)
STC 2 MSFT 16Aug19 130 calls (MSFT190816C130) for a debit of $4.46 (buying a vertical)

STO 2 MSFT 07Jun19 121 calls (MSFT190607C121) for $2.01

STO 1 MSFT 07Jun19 122 call (MSFT190607C122) for $1.44

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

Happy trading.

Terry