December 18, 2020 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

This completes rolling out to the 31Dec series:

BTC 5 MSFT 18Dec20 220 calls (MSFT201218C220) for $0.05 (100%)

STO 2 MSFT 31Dec20 222.5 calls (MSFT201231C222.5) for $1.70

STO 3 MSFT 31Dec20 215 calls (MSFT201231C215) for $4.80

BTC 3 MSFT 18Dec20 217.5 calls (MSFT201218C217.5)  
STO 3 MSFT 31Dec20 217.5 calls (MSFT201231C217.5) for a credit of $3.25 (selling a calendar) (60%)

BTC 2 MSFT 18Dec20 217.5 calls (MSFT201218C217.5)  
STO 2 MSFT 31Dec20 215 calls (MSFT201231C215) for a credit of $4.50 (selling a diagonal) (100%)

BTC 4 MSFT 18Dec20 215 puts (MSFT201218P215)  
STO 4 MSFT 31Dec20 210 puts (MSFT201231P210) for a credit of $1.20 (selling a diagonal) (100%)


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

Happy trading.

Terry