December 1, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:

BTC 4 MSFT 18Dec20 210 calls (MSFT201218C210)
STO 4 MSFT 18Dec20 222.5 calls (MSFT201218C222.5) for a debit of $6.20 (buying a vertical) (100%)

BTO 1 MSFT 19Feb21 220 call (MSFT210219C220)
STC 1 MSFT 19Feb21 205 call (MSFT210219C205) for a credit of $8.20 (selling a vertical) (100%)

BTO 3 MSFT 19Feb21 220 call (MSFT210219C220)
STC 3 MSFT 19Feb21 210 call (MSFT210219C210) for a credit of $5.10 (selling a vertical) (25%)


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

Happy trading.

Terry