November 22, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

We need to roll the remaining short positions out to December 6:

BTC 2 MSFT 22Nov19 148 puts (MSFT191122P148) for $0.04 (no commissions)

BTC 1 MSFT 22Nov19 147 put (MSFT191122P147) for $0.03 (no commissions)

STO 2 MSFT 06Dec19 148 puts (MSFT191206P148) for $1.15

STO 1 MSFT 06Dec19 147 put (MSFT191206P147) for $0.90

BTC 1 MSFT 22Nov19 149 put (MSFT191122P149)
STO 1 MSFT 06Dec19 148 put (MSFT191206P148) for a credit of $1.10 (selling a diagonal)

BTC 1 MSFT 22Nov19 149 put (MSFT191122P149)
STO 1 MSFT 06Dec19 147 put (MSFT191206P147) for a credit of $0.80 (selling a diagonal)

BTC 2 MSFT 22Nov19 149 puts (MSFT191122P149)
STO 2 MSFT 06Dec19 146 puts (MSFT191206P146) for a credit of $0.55 (selling a diagonal)


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

Happy trading.

Terry