Subject: August 20, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

 

 August 20, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We will begin rolling out our short calls to raise delta:


BTO 1
MSFT 15Oct21 305 call (MSFT211015C305)
STC 1
MSFT 15Oct21 285 call (MSFT211015C285) for a credit of $13.85 (selling a vertical) (100%)

BTC 2
MSFT 20Aug21 292.5 calls (MSFT210820C292.5)
STO 2
MSFT 17Sep21 305 calls (MSFT210917C305) for a debit of $5.65 (selling a diagonal) (100%)

BTO 2
MSFT 15Oct21 305 calls (MSFT211015C305)
STC 2
MSFT 15Oct21 290 calls (MSFT211015C290) for a credit of $9.80 (selling a vertical) (50%)

BTC 3
MSFT 20Aug21 295 calls (MSFT210820C295)
STO 3
MSFT 17Sep21 305 calls (MSFT210917C305) for a debit of $3.10 (selling a diagonal) (50%)

BTC 3
MSFT 20Aug21 295 calls (MSFT210820C295)
STO 3
MSFT 17Sep21 310 calls (MSFT210917C310) for a debit of $5.30 (selling a diagonal) (100%)


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

Happy trading.

Terry

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