July 16, 2020 Terry’s Tips Trade Alert  #3 – Wiley Wolf Portfolio

We continue setting up for next week:

BTC 2 MSFT 17Jul20 210 puts (MSFT200717P210)
STO 2 MSFT 24Jul20 202.5 puts (MSFT200724P202.5) for a debit of $0.30 (selling a diagonal)

BTC 2 MSFT 17Jul20 195 puts (MSFT200717P195)
STO 2 MSFT 24Jul20 197.5 puts (MSFT200724P197.5) for a credit of $3.50 (selling a diagonal)

BTC 2 MSFT 17Jul20 195 puts (MSFT200717P195)
STO 2 MSFT 24Jul20 195 puts (MSFT200724P195) for a credit of $2.60 (selling a calendar)


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

Happy trading.

Terry