December 16, 2020 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We continue rolling out our shorts to raise delta:

BTC 3 MSFT 18Dec20 207.5 puts (MSFT201218P207.5)
STO 3 MSFT 15Jan21 215 puts (MSFT210115P215) for a credit of $5.10 (selling a diagonal) (100%)

BTO 1 MSFT 19Feb21 225 put (MSFT210219P225)
STC 1 MSFT 19Feb21 210 put (MSFT210219P210) for a debit of $7.40 (buying a vertical) (14%)

BTO 1 MSFT 19Feb21 220 put (MSFT210219P220)
STC 1 MSFT 19Feb21 210 put (MSFT210219P210) for a debit of $4.50 (buying a vertical) (16%)

BTC 5 MSFT 18Dec20 212.5 calls (MSFT201218C212.5)
STO 5 MSFT 18Dec20 222.5 calls (MSFT201218C222.5) for a debit of $5.70 (buying a vertical) (100%)

BTO 4 MSFT 19Feb21 225 calls (MSFT210219C225)
STC 4 MSFT 19Feb21 210 calls (MSFT210219C210) for a credit of $7.70 (selling a vertical) (44%)


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

Happy trading.

Terry