October 26, 2018 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

These trades will get us set up for next week and allow us to buy back the 105 call calendar:

BTC 2 MSFT 26Oct18 109 calls (MSFT181026C109) for $.05 (no commission)

STO 2 MSFT 2Nov18 107 calls (MSFT181102C107) for $1.58

BTC 2 MSFT 26Oct18 108 calls (MSFT181026C108)
STO 2 MSFT 2Nov18 108 calls (MSFT181102C108) for a credit of $1.10 (selling a calendar)

BTO 1 MSFT 18Apr19 105 call (MSFT190418C105)
STO 1 MSFT 2Nov18 105 call (MSFT181102C105) for a debit of $5.90 (buying a calendar)

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

Happy trading.

Terry