December 21, 2020 Terry’s Tips Trade Alert #3 - Wiley Wolf Portfolio

We remain negative net delta:

BTC 4 MSFT 31Dec20 217.5 calls (MSFT201231C217.5) 
STO 4 MSFT 31Dec20 230 calls (MSFT201231C230) for a debit of $6.10 (buying a vertical) (50%)

BTO 2 MSFT 19Feb21 230 calls (MSFT210219C230) 
STC 2 MSFT 19Feb21 210 calls (MSFT210219C210) for a credit of $11.00 (selling a vertical) (66%)


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

Happy trading.

Terry