September 13, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We need to get set up for next week:

BTC 3 MSFT 13Sep19 138 calls (MSFT190913C138) for $0.04 (no commissions)

BTC 3 MSFT 13Sep19 136 puts (MSFT190913P136) for $0.04 (no commissions)

STO 4 MSFT 20Sep19 139 calls (MSFT190920C139) for $0.80

STO 4 MSFT 20Sep19 140 calls (MSFT190920C140) for $0.50

STO 1 MSFT 20Sep19 139 put (MSFT190920P139) for $2.40

STO 2 MSFT 20Sep19 140 puts (MSFT190920P140) for $3.05

BTO 2 MSFT 25Oct19 139 puts (MSFT191025P139)
STC 2 MSFT 18Oct19 135 puts (MSFT191018P135) for a debit of $2.80 (buying a diagonal)

BTO 2 MSFT 25Oct19 138 puts (MSFT191025P138)
STC 2 MSFT 18Oct19 135 puts (MSFT191018P135) for a debit of $2.30 (buying a diagonal)

BTC 2 MSFT 13Sep19 137 puts (MSFT190913P137)
STO 2 MSFT 20Sep19 138 puts (MSFT190920P138) for a credit of $1.75 (selling a diagonal)

BTC 1 MSFT 13Sep19 137 puts (MSFT190913P137)
STO 1 MSFT 20Sep19 139 puts (MSFT190920P139) for a credit of $2.35 (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