March 8, 2019 Terry’s Tips Trade Alert  – Wiley Wolf Portfolio

If you were assigned stock, sell it at the market and also sell a 18Apr19 115 put.  Otherwise, execute the first trade below:

BTC 1 MSFT 08Mar19 114 put (MSFT190308P114)
STC 1 MSFT 18Apr19 115 put (MSFT190418P115) for a credit of $1.16 (selling a diagonal)

BTC 3 MSFT 08Mar19 113 puts (MSFT190308P113)
STO 3 MSFT 15Mar19 110 puts (MSFT190315P110) for a debit of $1.83 (selling a diagonal)

BTO 3 MSFT 17May19 110 puts (MSFT190517P110)
STC 3 MSFT 17May19 115 puts (MSFT190517P115) for a credit of $2.77 (selling a vertical)

Be prepared to change these prices by $.05 or more in order to get an execution. 

Happy trading.

Terry