August 19, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We continue rolling out our short options four weeks to raise delta:


BTC 2 MSFT 20Aug21 285 puts (MSFT210820P285)
STO 2 MSFT 17Sep21 295 puts (MSFT210917P295)
BTO 2 MSFT 15Oct21 295 puts (MSFT211015P295)
STC 2 MSFT 15Oct21 285 puts (MSFT211015P285) for a credit of $2.60 (buying a custom vertical roll) (100%)

BTC 2 MSFT 20Aug21 292.5 calls (MSFT210820C292.5)
STO 2 MSFT 20Aug21 297.5 calls (MSFT210820C297.5) for a debit of $2.80 (buying a vertical) (50%)


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

Happy trading.

Terry