November 8, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

We can put some excess cash to use by buying a couple of at-the-money calendar spreads:

BTO 1 MSFT 20Dec19 145 put (MSFT191220P145)
STO 1 MSFT 15Nov19 145 put (MSFT191115P145) for a debit of $2.25 (buying a calendar)

BTO 1 MSFT 20Dec19 145 call (MSFT191220C145)
STO 1 MSFT 15Nov19 145 call (MSFT191115C145) for a debit of $1.95 (buying a calendar)


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

Happy trading.

Terry