January 22, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We will add two spreads heading into earnings week:

BTO 1 MSFT 19Mar21 235 call (MSFT210319C235) 
STC 1 MSFT 19Mar21 220 call (MSFT210319C220) for a credit of $7.10 (selling a vertical) (50%)

BTO 1 MSFT 19Mar21 235 call (MSFT210319C235) 
STO 1 MSFT 29Jan21 230 call (MSFT210129C230) for a debit of $3.35 (buying a diagonal)

BTO 1 MSFT 19Mar21 240 call (MSFT210319C240) 
STO 1 MSFT 29Jan21 235 call (MSFT210129C235) for a debit of $3.20 (buying a diagonal)


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

Happy trading.

Terry