July 16, 2020 Terry’s Tips Trade Alert  #2 – Wiley Wolf Portfolio

We continue rolling out to next week and reducing delta:

BTC 4 MSFT 17Jul20 215 calls (MSFT200717C215)
STO 4 MSFT 24Jul20 205 calls (MSFT200724C205)
BTO 4 MSFT 16Oct20 205 calls (MSFT200821C205)
STC 4 MSFT 16Oct20 215 calls (MSFT200821C215) for a credit of $1.70 (selling a custom vertical roll)


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

Happy trading.

Terry