December 9, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become overly long:

BTC 6 MSFT 18Dec20 222.5 calls (MSFT201218C222.5)
STO 6 MSFT 18Dec20 210 calls (MSFT201218C210) for a credit of $4.20 (selling a vertical) (100%)

BTO 2 MSFT 19Mar21 210 calls (MSFT210319C210)
STC 2 MSFT 19Mar21 225 calls (MSFT210319C225) for a debit of $6.55 (buying a vertical) (66%)

BTO 2 MSFT 19Feb21 210 calls (MSFT210219C210)
STC 2 MSFT 19Feb21 220 calls (MSFT210219C220) for a debit of $4.70 (buying a vertical) (50%)

BTC 2 MSFT 18Dec20 217.5 puts (MSFT201218P217.5)
STO 2 MSFT 18Dec20 205 puts (MSFT201218P205) for a debit of $5.65 (buying a vertical) (100%)

BTO 1 MSFT 19Feb21 205 put (MSFT210219P205)
STC 1 MSFT 19Feb21 220 put (MSFT210219P220) for a credit of $7.50 (selling a vertical) (50%)

BTO 1 MSFT 19Feb21 205 put (MSFT210219P205)
STC 1 MSFT 19Feb21 215 put (MSFT210219P215) for a credit of $4.60 (selling a vertical) (33%)


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

Happy trading.

Terry