August 3, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

This completes rolling out our longs to October:

BTO 1 MSFT 15Oct21 300 call (MSFT211015C300)
STC 1 MSFT 17Sep21 300 call (MSFT210917C300) for a debit of $1.95 (buying a calendar) (100%)

BTO 1 MSFT 15Oct21 295 call (MSFT211015C295)
STC 1 MSFT 17Sep21 295 call (MSFT210917C295) for a debit of $2.35 (buying a calendar) (100%)

BTO 1 MSFT 15Oct21 290 call (MSFT211015C290)
STC 1 MSFT 17Sep21 290 call (MSFT210917C290) for a debit of $2.60 (buying a calendar) (100%)

BTO 1 MSFT 15Oct21 280 put (MSFT211015P280)
STC 1 MSFT 17Sep21 280 put (MSFT210917P280) for a debit of $2.60 (buying a calendar) (100%)

BTO 2 MSFT 15Oct21 290 puts (MSFT211015P290)
STC 2 MSFT 17Sep21 290 puts (MSFT210917P290) for a debit of $2.50 (buying a calendar) (100%)


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

Happy trading.

Terry