December 29, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We continue liquidating some spreads and increasing delta:

BTC 4 MSFT 31Dec20 220 puts (MSFT201231P220) 
STC 4 MSFT 19Feb21 220 puts (MSFT210219P220) for a credit of $7.00 (selling a calendar) (100%)

BTC 2 MSFT 31Dec20 220 calls (MSFT201231C220) 
STC 2 MSFT 19Feb21 215 calls (MSFT210219C215) for a credit of $10.10 (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