November 15, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We remain negative net delta and need to keep rolling out to next week:

BTC 1 MSFT 15Nov19 148 call (MSFT191115C148)
STO 1 MSFT 22Nov19 149 call (MSFT191122C149) for a debit of $0.15 (selling a diagonal)

BTC 1 MSFT 15Nov19 148 call (MSFT191115C148)
STO 1 MSFT 22Nov19 150 call (MSFT191122C150) for a debit of $0.60 (selling a diagonal)

BTO 1 MSFT 20Dec19 150 call (MSFT191220C150)
STC 1 MSFT 20Dec19 145 call (MSFT191220C145) for a credit of $3.05 (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