Subject: July 23, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 23, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 23rd, 2019 at 3:32 pm EST

July 23, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We have spare cash that we can put to use: BTO 1 MSFT 20Sep19 140 put (MSFT190920P140) STO 1 MSFT 26Jul19 140 put (MSFT190726P140) for a debit of $2.98 (buying a calendar) Be prepared to ...

July 23, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 23rd, 2019 at 12:04 pm EST

July 23, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have spare cash that we can use to extend some long positions and capture a little more premium: BTC 1 MSFT 26Jul19 137 call (MSFT190726C137) STO 1 MSFT 2Aug19 140 call (MSFT190802C140) f ...

July 19, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

July 19th, 2019 at 1:31 pm EST

July 19, 2019 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We have uncovered long calls and we want to move toward a neutral net delta condition while we wait for decay to continue: STO 3 MSFT 26Jul19 139 calls (MSFT190726C139) for $1.01 Be prepa ...

July 19, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 19th, 2019 at 10:53 am EST

July 19, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We will continue getting set up for next week: BTC 4 MSFT 19Jul19 137 puts (MSFT190719P137) STC 4 MSFT 30Aug19 137 puts (MSFT190830P137) for a credit of $2.66 (selling a calendar) STO 5 ...

July 19, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 19th, 2019 at 10:28 am EST

July 19, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta: BTC 4 MSFT 19Jul19 134 puts (MSFT190719P134) for $.02 (no commission) BTC 4 MSFT 19Jul19 135 puts (MSFT190719P135) for $.02 (no commission) BTC 4 MSFT ...

July 18, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 18th, 2019 at 1:11 pm EST

July 18, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio The stock continues to fall and we should lower some strikes as well: BTC 6 MSFT 19Jul19 139 calls (MSFT190719C139) STC 6 MSFT 23Aug19 139 calls (MSFT190823C139) for a credit of $1.44 (se ...

July 18, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 18th, 2019 at 9:58 am EST

July 18, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio The stock is down over $3 this week going into tonight s earnings announcement. We have become uncomfortably long (net delta is too high). We need to roll to some lower strikes: BTC 7 MSFT ...

July 16, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 16th, 2019 at 2:51 pm EST

July 16, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio The stock is now down over $2 and we should roll short options to lower strikes: BTC 1 MSFT 19Jul19 141 call (MSFT190719C141) STC 1 MSFT 20Sep19 145 call (MSFT190920C145) for a credit of ...

July 16, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 16th, 2019 at 10:42 am EST

July 16, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio The stock has steadily traded lower, and we do not have any short options at strikes below the stock price. That is too bullish to be going into Thursday s earnings announcement. Thes ...

July 12, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 12th, 2019 at 1:12 pm EST

July 12, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We have enough cash to add on some new spreads: BTO 3 MSFT 20Sep19 145 calls (MSFT190920C145) STO 3 MSFT 19Jul19 142 calls (MSFT190719C142) for a debit of $1.34 (buying a diagonal) Be pre ...