November 16, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

These trades will get us more neutral net delta and do most of setting us up for next week:

BTC 2 MSFT 16Nov18 105 calls (MSFT181116C105)
STO 2 MSFT 23Nov18 107 calls (MSFT181123C107) for a debit of $1.12 (selling a diagonal)

BTC 2 MSFT 16Nov18 106 calls (MSFT181116C106)
STO 2 MSFT 23Nov18 108 calls (MSFT181123C108) for a debit of $.75 (selling a diagonal)

BTC 2 MSFT 16Nov18 106 puts (MSFT181116P106)
STO 2 MSFT 23Nov18 108 puts (MSFT181123P108) for a credit of $1.18 (selling a diagonal)

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

Terry