October 31, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We need to reduce delta and start rolling out to next week:

BTC 4 MSFT 01Nov19 146 calls (MSFT191101C146) for $0.05 (no commissions)

STO 2 MSFT 08Nov19 145 calls (MSFT191108C145) for $0.65

STO 2 MSFT 08Nov19 144 calls (MSFT191108C144) for $1.05

BTC 3 MSFT 01Nov19 144 puts (MSFT191101P144)
STO 3 MSFT 08Nov19 142 puts (MSFT191108P142) for a debit of $0.15 (selling a diagonal)


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

Happy trading.

Terry