July 17, 2020 Terry’s Tips Trade Alert  – Wiley Wolf Portfolio

This completes our rollout to next week (earnings week):

BTC 4 MSFT 17Jul20 212.5 calls (MSFT200717C212.5) for $0.01 (no commissions)

STO 2 MSFT 24Jul20 212.5 calls (MSFT200724C212.5) for $2.40

STO 2 MSFT 24Jul20 210 calls (MSFT200724C210) for $3.05

BTC 2 MSFT 17Jul20 207.5 puts (MSFT200717P207.5)
STO 2 MSFT 24Jul20 192.5 puts (MSFT200724P192.5) for a debit of $3.15 (selling a diagonal)

BTC 2 MSFT 17Jul20 200 puts (MSFT200717P200)
STO 2 MSFT 24Jul20 200 puts (MSFT200724P200) for a credit of $4.40 (selling a calendar)

BTC 3 MSFT 17Jul20 205 calls (MSFT200717C205)
STO 3 MSFT 24Jul20 207.5 calls (MSFT200724C207.5) for a credit of $3.70 (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