May 20, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf  Portfolio  

We need to generate some cash:

BTC 1 MSFT 24May19 130 put (MSFT190524P130)
STC 1 MSFT 19Jul19 130 put (MSFT190719P130) for a credit of $2.70 (selling a calendar)

BTC 1 MSFT 24May19 130 call (MSFT190524C130)
STC 1 MSFT 21Jun19 130 call (MSFT190621C130) for a credit of $1.69 (selling a calendar)

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

Happy trading.

Terry