January 24, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We are rolling our short options to next week to take advantage of the high implied volatility due to MSFT’s earnings on 1/29. We will start with options that are in the money:

BTC 2 MSFT 24Jan20 167.5 puts (MSFT200124P167.5)
STO 2 MSFT 31Jan20 167.5 puts (MSFT200131P167.5) for a credit of $2.45 (selling a calendar)


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

Happy trading.

Terry