July 10, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

This completes rolling out to next week:

BTC 2 MSFT 10Jul20 212.5 puts (MSFT200710P212.5)
STO 2 MSFT 17Jul20 212.5 puts (MSFT200717P212.5) for a credit of $3.10 (selling a calendar)

BTC 2 MSFT 10Jul20 212.5 puts (MSFT200710P212.5)
STO 2 MSFT 17Jul20 205 puts (MSFT200717P205) for a credit of $0.70 (selling a diagonal)

BTC 1 MSFT 10Jul20 212.5 call (MSFT200710C212.5)
STO 1 MSFT 17Jul20 212.5 call (MSFT200717C212.5) for a credit of $3.10 (selling a calendar)

BTC 2 MSFT 10Jul20 212.5 calls (MSFT200710C212.5)
STO 2 MSFT 17Jul20 210 calls (MSFT200717C210) for a credit of $4.50 (selling a diagonal)


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

Happy trading.

Terry