January 29, 2021 Terry’s Tips Trade Alert #3- Wiley Wolf Portfolio

This completes rolling out our longs to 19Apr and add some spreads:

BTO 2 MSFT 16Apr21 240 calls (MSFT210416C240) 
STC 2 MSFT 19Mar21 240 calls (MSFT210319C240) for a debit of $2.90 (buying a calendar) (100%)

BTO 3 MSFT 16Apr21 235 calls (MSFT210416C235) 
STC 3 MSFT 19Mar21 235 calls (MSFT210319C235) for a debit of $2.90 (buying a calendar) (100%)

BTO 3 MSFT 16Apr21 230 calls (MSFT210416C230) 
STC 3 MSFT 19Mar21 230 calls (MSFT210319C230) for a debit of $2.80 (buying a calendar) (100%)

BTO 1 MSFT 16Apr21 250 call (MSFT210416C250) 
STO 1 MSFT 26Feb21 242.5 call (MSFT210226C242.5) for a debit of $2.90 (buying a diagonal)

BTO 2 MSFT 16Apr21 230 puts (MSFT210416P230) 
STO 2 MSFT 26Feb21 232.5 puts (MSFT210226P232.5) for a debit of $4.45 (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