November 26, 2018 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We have become negative net delta once again:

BTC 1 MSFT 30Nov18 103 put (MSFT181130P103)
STO 1 MSFT 30Nov18 105 put (MSFT181130P105) for a credit of $.58 (selling a vertical)

BTC 1 MSFT 30Nov18 105 call (MSFT181130C105)
STO 1 MSFT 30Nov18 107 call (MSFT181130C107) for a debit of $.97  (buying a vertical)

BTC 1 MSFT 30Nov18 105 call (MSFT181130C105)
STO 1 MSFT 7Dec18 107 call (MSFT181207C107) for a debit of $.27 (selling a diagonal)

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

Happy trading.

Terry