January 14, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We can start rolling out to next week to reduce delta:

BTC 1 MSFT 15Jan21 220 call (MSFT210115C220) 
STO 1 MSFT 22Jan21 217.5 call (MSFT210115P217.5) for a credit of $1.55 (selling a vertical) (50%)

BTC 1 MSFT 15Jan21 220 call (MSFT210115C220) 
STO 1 MSFT 22Jan21 215 call (MSFT210115P215) for a credit of $2.45 (selling a vertical) (100%)

BTO 1 MSFT 19Mar21 215 call (MSFT210319C215) 
STC 1 MSFT 19Mar21 220 call (MSFT210319P220) for a debit of $2.25 (buying a vertical) (25%)


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

Happy trading.

Terry