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

We need get set up for next week:

BTC 2 MSFT 04Oct19 135 puts (MSFT191004P135) for $0.04 (no commissions)

BTC 3 MSFT 04Oct19 139 calls (MSFT191004C139) for $0.04 (no commissions)

STO 2 MSFT 11Oct19 138 puts (MSFT191011P138) for $1.70

STO 1 MSFT 11Oct19 138 call (MSFT191011C138) for $1.35

STO 2 MSFT 11Oct19 139 calls (MSFT191011C139) for $0.85

STO 3 MSFT 11Oct19 140 calls (MSFT191011C140) for $0.50

 

BTC 1 MSFT 04Oct19 138 call (MSFT191004C138)
STO 1 MSFT 11Oct19 138 call (MSFT191011C138) for a credit of $1.25 (selling a calendar)

BTO 1 MSFT 22Nov19 138 put (MSFT191122P138)
STO 1 MSFT 11Oct19 138 put (MSFT191011P138) for a debit of $3.70 (buying a calendar)

BTC 1 MSFT 11Oct 19 135 put (MSFT191004P135)
STO 1 MSFT 11Oct19 137 put (MSFT191011P137) for a credit of $0.55 (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