February 26, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

This completes rolling out our long and short puts four weeks:

BTC 1 MSFT 26Feb21 235 put (MSFT210226P235) 
STO 1 MSFT 26Mar21 235 put (MSFT210326P235) for a credit of $6.80 (selling a calendar) (100%)

BTC 1 MSFT 26Feb21 232.5 put (MSFT210226P232.5) 
STO 1 MSFT 26Mar21 232.5 put (MSFT210326P232.5) for a credit of $6.15 (selling a calendar) (33%)

BTC 1 MSFT 26Feb21 232.5 put (MSFT210226P232.5) 
STO 1 MSFT 26Mar21 230 put (MSFT210326P230) for a credit of $5.15 (selling a diagonal) (50%)

BTC 1 MSFT 26Feb21 232.5 put (MSFT210226P232.5) 
STO 1 MSFT 26Mar21 227.5 put (MSFT210326P227.5) for a credit of $4.40 (selling a diagonal) (100%)

BTO 1 MSFT 21May21 240 put (MSFT210521P240)
STC 1 MSFT 16Apr21 245 put (MSFT210416P245) for a debit of $1.20 (buying a diagonal) (100%)

BTO 2 MSFT 21May21 235 puts (MSFT210521P235)
STC 2 MSFT 16Apr21 240 puts (MSFT210416P240) for a debit of $1.75 (buying a diagonal) (100%)

BTO 2 MSFT 21May21 230 puts (MSFT210521P230)
STC 2 MSFT 16Apr21 235 puts (MSFT210416P235) for a debit of $2.05 (buying a diagonal) (100%)

BTO 2 MSFT 21May21 225 puts (MSFT210521P225)
STC 2 MSFT 16Apr21 230 puts (MSFT210416P230) for a debit of $2.25 (buying 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