September 20, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We are reducing delta with our excess cash:

BTC 2 MSFT 27Sep19 144 calls (MSFT190927C144)
STO 2 MSFT 27Sep19 141 calls (MSFT190927C141) for a credit of $0.70 (selling a vertical)

BTC 2 MSFT 27Sep19 144 puts (MSFT190927P144)
STO 2 MSFT 27Sep19 141 puts (MSFT190927P141) for a debit of $2.30 (buying a vertical)
 

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

Happy trading.

Terry