August 5, 2020 Terry’s Tips Trade Alert  - Wiley Wolf Portfolio

We can buy some spreads with our excess cash:

BTO 1 MSFT 20Nov20 230 call (MSFT201120C230)
STO 1 MSFT 21Aug20 222.5 call (MSFT200821C222.5) for a debit of $7.60 (buying a diagonal)

BTO 1 MSFT 20Nov20 210 put (MSFT201120P210)
STO 1 MSFT 21Aug20 210 put (MSFT200821P210) for a debit of $11.50 (buying a calendar)

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

Happy trading.

Terry