May 28, 2019 Terry’s Tips Trade Alert – Wiley Wolf  Portfolio    

We are getting dangerously close to becoming negative net delta: 

BTC 3 MSFT 31May19 126 calls (MSFT190531C126)
STO 3 MSFT 31May19 128 calls (MSFT190531C128) for a debit of $1.20  (buying a vertical)

BTO 1 MSFT 19Jul19 130 call (MSFT190719C130)
STC 1 MSFT 19Jul19 125 call (MSFT190719C125) for a credit of $2.73 (selling a vertical)

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

 

Happy trading.

Terry