January 26, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:

BTC 1 MSFT 29Jan21 227.5 call (MSFT210129C227.5) 
STO 1 MSFT 29Jan21 237.5 call (MSFT210129C237.5) for a debit of $4.80 (buying a vertical) (100%)

BTC 1 MSFT 29Jan21 230 call (MSFT210129C230) 
STO 1 MSFT 29Jan21 237.5 call (MSFT210129C237.5) for a debit of $3.35 (buying a vertical) (33%)

BTC 1 MSFT 29Jan21 230 call (MSFT210129C230) 
STO 1 MSFT 29Jan21 240 call (MSFT210129C240) for a debit of $4.10 (buying a vertical) (50%)

BTO 1 MSFT 19Mar21 235 call (MSFT210319C235) 
STC 1 MSFT 19Mar21 220 call (MSFT210319C220) for a credit of $8.60 (selling a vertical) (100%)

BTO 1 MSFT 19Mar21 240 call (MSFT210319C240) 
STC 1 MSFT 19Mar21 225 call (MSFT210319C225) for a credit of $7.40 (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