January 7, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:

BTC 1 MSFT 15Jan21 212.5 put (MSFT210115P212.5) 
STO 1 MSFT 15Jan21 217.5 put (MSFT210115P217.5) for a credit of $1.45 (selling a vertical) (50%)

BTC 1 MSFT 15Jan21 215 call (MSFT210115C215) 
STO 1 MSFT 15Jan21 222.5 call (MSFT210115C222.5) for a debit of $3.80 (buying 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