March 27, 2020 Terry’s Tips Trade Alert #4 – Wiley Wolf Portfolio

This completes rolling out to April 17:

BTC 1 MSFT 27Mar20 150 call (MSFT200327C150)
STO 1 MSFT 17Apr20 150 call (MSFT200417C150) for a credit of $6.90 (selling a calendar)

BTC 1 MSFT 27Mar20 152.5 call (MSFT200327C152.5)
STO 1 MSFT 17Apr20 160 call (MSFT200417C160) for a credit of $3.30 (selling a diagonal)

BTC 2 MSFT 27Mar20 155 calls (MSFT200327C155)
STO 2 MSFT 17Apr20 155 calls (MSFT200417C155) for a credit of $7.10 (selling a calendar)

BTC 1 MSFT 27Mar20 155 call (MSFT200327C155)
STO 1 MSFT 17Apr20 160 call (MSFT200417C160) for a credit of $4.60 (selling a diagonal)

BTC 1 MSFT 27Mar20 150 call (MSFT200327C150)
STO 1 MSFT 17Apr20 160 call (MSFT200417C160) for a credit of $1.20 (selling a diagonal)

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

Happy trading.

Terry