Subject: September 20, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
September 20, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
We need to reduce delta:
BTC 4 MSFT 27Sep19
143 calls (MSFT190927C143)
STO 4 MSFT 27Sep19
140 calls (MSFT190927C140) for a credit of $0.70 (selling a vertical)
BTC
2 MSFT 27Sep19 143 puts (MSFT190927P143)
STO 2 MSFT 27Sep19
140 puts (MSFT190927P140) for a debit of $2.35 (buying a vertical)
BTO 1 MSFT 18Oct19
140 call (MSFT191018C140)
STC 1 MSFT 18Oct19
145 call (MSFT191018C145) for a debit of $1.80 (buying a vertical)
BTO 1 MSFT 18Oct19
140 put (MSFT191018P140)
STC 1 MSFT 18Oct19
145 put (MSFT191018P145) for a credit of $3.25 (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
To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.