May 3, 2019 Terry’s Tips Trade Alert   – Wiley Wolf  Portfolio  

If you were assigned MSFT puts, sell the stock and the appropriate number of 10May19 130 puts.  Otherwise:

 

BTC 3 MSFT 03May19 130 puts (MSFT190503P130)

STO 3 MSFT 10May19 130 puts (MSFT190510P130) for a credit of $.40 (selling a calendar) 

 

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

 

Happy trading.

Terry