January 27, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are negative net delta:

BTC 2 MSFT 29Jan21 222.5 puts (MSFT210129P222.5) 
STC 2 MSFT 19Mar21 220 puts (MSFT210319P220) for a credit of $3.65 (selling a diagonal) (100%)

BTC 1 MSFT 29Jan21 225 put (MSFT210129P225) 
STC 1 MSFT 19Mar21 225 put (MSFT210319P225) for a credit of $4.85 (selling a calendar) (100%)

BTC 1 MSFT 29Jan21 230 call (MSFT210129C230) 
STO 1 MSFT 29Jan21 242.5 call (MSFT210129C242.5) for a debit of $8.10 (buying a vertical) (100%)

BTC 2 MSFT 29Jan21 227.5 puts (MSFT210129P227.5) 
STO 2 MSFT 26Feb21 235 puts (MSFT210226P235) for a credit of $5.85 (selling a diagonal) (100%)

BTO 1 MSFT 19Mar21 235 put (MSFT210319P235) 
STC 1 MSFT 19Mar21 225 put (MSFT210319P225) for a debit of $3.70 (buying a vertical) (100%)


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

Happy trading.

Terry