May 29, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio  

Our stock is down over $2 today and we need to roll to lower strikes:

BTC 2 MSFT 31May19 129 calls (MSFT190531C129) for $.04 (no commission)

BTC 1 MSFT 31May19 130 call (MSFT190531C130) for $.02 (no commission)

STC 3 MSFT 19Jul19 130 calls (MSFT190719C130) for $2.37

BTO 2 MSFT 19Jul19 125 calls (MSFT190719C125)
STO 2 MSFT 31May19 125 calls (MSFT190531C125) for a debit of $3.76  (buying a calendar)

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

Happy trading.

Terry