October 4, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We need to roll out some long strikes with our excess cash:

BTO 1 MSFT 22Nov19 141 call (MSFT191122C141)
STC 1 MSFT 25Oct19 141 call (MSFT191025C141) for a debit of $1.35 (buying a calendar)

BTO 2 MSFT 15Nov19 140 calls (MSFT191115C140)
STC 2 MSFT 25Oct19 140 calls (MSFT191025C140) for a debit of $1.20 (buying a calendar)

BTO 1 MSFT 22Nov19 139 call (MSFT191122C139)
STC 1 MSFT 25Oct19 139 call (MSFT191025C139) for a debit of $1.45 (buying a calendar)

BTO 1 MSFT 22Nov19 144 put (MSFT191122P144)
STC 1 MSFT 25Oct19 144 put (MSFT191025P144) for a debit of $1.40 (buying a calendar)


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

Happy trading.

Terry