May 29, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

This completes rolling out to the June 26 expiration:
 
BTC 2 MSFT 29May20 182.5 calls (MSFT200529C182.5)
STO 2 MSFT 26Jun20 182.5 calls (MSFT200626C182.5) for a credit of $4.60 (selling a calendar)

BTO 2 MSFT 18Sep20 190 calls (MSFT200918C190)
STO 2 MSFT 26Jun20 190 calls (MSFT200626C190) for a debit of $6.50 (buying a calendar)

BTO 2 MSFT 18Sep20 185 puts (MSFT200918P185)
STO 2 MSFT 26Jun20 185 puts (MSFT200626P185) for a debit of $7.00 (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