February 3, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We remain negative net delta:

BTC 2 MSFT 26Feb21 237.5 calls (MSFT210226C237.5) 
STO 2 MSFT 26Feb21 250 calls (MSFT210226C250) for a debit of $6.60 (buying a vertical) (100%)

BTO 1 MSFT 16Apr21 250 call (MSFT210416C250) 
STC 1 MSFT 16Apr21 235 call (MSFT210416C235) for a credit of $7.95 (selling a vertical) (50%)

BTO 1 MSFT 16Apr21 245 call (MSFT210416C245) 
STC 1 MSFT 16Apr21 235 call (MSFT210416C235) for a credit of $5.65 (selling a vertical) (100%)

BTC 1 MSFT 26Feb21 230 put (MSFT210226P230) 
STO 1 MSFT 26Feb21 245 put (MSFT210226P245)
BTO 1 MSFT 16Apr21 245 put (MSFT210416P245) 
STC 1 MSFT 16Apr21 230 put (MSFT210416P230) for a debit of $1.20 (buying a vertical roll) (100%)


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

Happy trading.

Terry