January 12, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We need to reduce delta:

BTC 1 MSFT 15Jan21 222.5 call (MSFT210115C222.5) 
STO 1 MSFT 15Jan21 217.5 call (MSFT210115C217.5) for a credit of $0.90 (selling a vertical) (100%)

BTC 2 MSFT 15Jan21 220 calls (MSFT210115C220) 
STO 2 MSFT 15Jan21 215 calls (MSFT210115C215) for a credit of $1.60 (selling a vertical) (50%)


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

Happy trading.

Terry