September 13, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

We have excess cash:

BTO 2 MSFT 01Nov19 137 calls (MSFT191101C137)
STO 2 MSFT 20Sep19 137 calls (MSFT190920C137) for a debit of $3.75 (buying a calendar)

BTO 1 MSFT 01Nov19 137 put (MSFT191101P137)
STO 1 MSFT 20Sep19 137 put (MSFT190920P137) for a debit of $3.40 (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