October 28, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We have some more work to do to get delta back into the positive numbers:
 
BTC 3 MSFT 01Nov19 141 calls (MSFT191101C141)
STO 3 MSFT 01Nov19 144 calls (MSFT191101C144) for a debit of $2.15 (buying a vertical)

BTC 4 MSFT 01Nov19 142 calls (MSFT191101C142)
STO 4 MSFT 01Nov19 145 calls (MSFT191101C145) for a debit of $1.75 (buying a vertical)

BTC 4 MSFT 01Nov19 143 calls (MSFT191101C143)
STO 4 MSFT 01Nov19 146 calls (MSFT191101C146) for a debit of $1.35 (buying a vertical)

BTO 1 MSFT 29Nov19 145 call (MSFT191129C145)
STC 1 MSFT 29Nov19 137 call (MSFT191129C137) for a credit of $5.50 (selling a vertical)

BTO 1 MSFT 29Nov19 146 call (MSFT191129C146)
STC 1 MSFT 29Nov19 139 call (MSFT191129C139) for a credit of $4.25 (selling a vertical)

BTO 1 MSFT 29Nov19 147 call (MSFT191129C147)
STC 1 MSFT 29Nov19 140 call (MSFT191129C140) for a credit of $3.85 (selling a vertical)

BTO 2 MSFT 20Dec19 145 calls (MSFT191220C145)
STC 2 MSFT 20Dec19 140 calls (MSFT191220C140) for a credit of $2.90 (selling a vertical)


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

Happy trading.

Terry