August 27, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are uncomfortably long:


BTC 1 MSFT 17Sep21 315 call (MSFT210917C315)
STO 1 MSFT 17Sep21 302.5 call (MSFT210917C302.5) for a credit of $2.45 (selling a vertical) (50%)

BTC 1 MSFT 17Sep21 315 call (MSFT210917C315)
STO 1 MSFT 17Sep21 307.5 call (MSFT210917C307.5) for a credit of $0.90 (selling a vertical) (100%)  

BTO 2 MSFT 15Oct21 305 calls (MSFT211015C305)
STC 2 MSFT 15Oct21 315 calls (MSFT211015C315) for a debit of $3.05 (buying a vertical) (100%)

BTC 1 MSFT 17Sep21 310 call (MSFT210917C310)
STO 1 MSFT 17Sep21 307.5 call (MSFT210917C307.5) for a credit of $0.40 (selling a vertical) (25%)

BTC 1 MSFT 17Sep21 310 call (MSFT210917C310)
STO 1 MSFT 17Sep21 302.5 call (MSFT210917C302.5) for a credit of $1.95 (selling a vertical) (33%)  

BTC 1 MSFT 17Sep21 300 put (MSFT210917P300)
STO 1 MSFT 17Sep21 292.5 put (MSFT210917P292.5) for a debit of $2.45 (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