January 28, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We will start rolling out our shorts and longs four weeks to raise delta:

BTC 2 MSFT 29Jan21 232.5 calls (MSFT210129C232.5) 
STO 2 MSFT 26Feb21 240 calls (MSFT210226C240) for a credit of $0.35 (selling a diagonal) (100%)

BTC 2 MSFT 29Jan21 230 puts (MSFT210129P230) 
STO 2 MSFT 26Feb21 240 puts (MSFT210226P240) for a credit of $8.40 (selling a diagonal) (100%)

BTO 2 MSFT 16Apr21 240 puts (MSFT210416P240) 
STC 2 MSFT 19Mar21 230 puts (MSFT210319P230) for a debit of $7.25 (buying 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