January 15, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We continue rolling out to next week to reduce delta:

BTC 1 MSFT 15Jan21 210 put (MSFT210115P210) 
STO 1 MSFT 22Jan21 210 put (MSFT210122P210) for a credit of $1.75 (selling a calendar) (100%)

BTC 1 MSFT 15Jan21 217.5 call (MSFT210115C217.5) 
STO 1 MSFT 22Jan21 212.5 call (MSFT210122C212.5) for a credit of $3.00 (selling 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