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

We can start rolling over to next week and getting less long:

BTC 2 MSFT 26Oct18 110 puts (MSFT181026P110)
STO 2 MSFT 2Nov18 109 puts (MSFT181102P109) for a debit of $.10 (selling a diagonal)

BTC 3 MSFT 26Oct18 110 puts (MSFT181026P110)
STO 3 MSFT 2Nov18 110 puts (MSFT181102P110) for a credit of $.62 (selling a calendar)

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

Happy trading.

Terry