June 7, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We have cash to spend:

BTC 2 MSFT 14Jun19 125 puts (MSFT190614P125)
STO 2 MSFT 14Jun19 130 puts (MSFT190614P130) for a credit of $.70 (selling a vertical)

BTO 2 MSFT 19Jul19 130 puts (MSFT190719P130)
STC 2 MSFT 19Jul19 125 puts (MSFT190719P125) for a debit of $1.51 (buying a vertical)

BTO 2 MSFT 16Aug19 135 calls (MSFT190816C135)
STO 2 MSFT 14Jun19 133 calls (MSFT190614C133) for a debit of $2.94 (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