March 27, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We will continue rolling out puts to April 17:

STO 1 MSFT 17Apr20 150 put (MSFT200417P150) for $7.90

STO 1 MSFT 17Apr20 145 put (MSFT200417P145) for $6.00

STO 1 MSFT 17Apr20 155 put (MSFT200417P155) for $10.00

BTO 2 MSFT 18Sep20 150 puts (MSFT200918P150)
STC 2 MSFT 18Sep20 135 puts (MSFT200918P135) for a debit of $5.80 (buying a vertical)

BTO 1 MSFT 18Sep20 155 puts (MSFT200918P155)
STC 1 MSFT 18Sep20 135 puts (MSFT200918P135) for a debit of $8.10 (buying a vertical)


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

Happy trading.

Terry