October 30, 2018 Terry’s Tips Trade Alert – Wiley Wolf   Portfolio 

It is not clear why MSFT has crashed over $3 today, but we reluctantly should adjust a little to the downside:

BTC 2 MSFT 02Nov18 108 calls (MSFT181102C108)
STO 2 MSFT 09Nov18 105 calls (MSFT181109C105) for a credit of $1.16 (selling a diagonal) 

 

BTC 2 MSFT 02Nov18 107 calls (MSFT181102C107)
STO 2 MSFT 09Nov18 105 calls (MSFT181109C105) for a credit of $1.06 (selling a diagonal) 

 

BTO 2 MSFT 18Apr19 105 calls (MSFT190418C105)

STC 2 MSFT 18Apr19 110 calls (MSFT190418C110) for a debit of $1.97  (buying a vertical) 

 

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

 

Happy trading.

Terry