July 2, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We need to raise delta, starting on the call side:

BTC 1 MSFT 16Jul21 265 call (MSFT210716C265)
STO 1 MSFT 16Jul21 275 call (MSFT210716C275) for a debit of $7.80 (buying a vertical) (50%)

BTC 1 MSFT 16Jul21 265 call (MSFT210716C265)
STO 1 MSFT 16Jul21 277.5 call (MSFT210716C277.5) for a debit of $9.05 (buying a vertical) (100%)

BTO 1 MSFT 17Sep21 270 call (MSFT210917C270)
STC 1 MSFT 20Aug21 250 call (MSFT210820C250) for a credit of $13.95 (buying a diagonal) (100%)

BTC 1 MSFT 16Jul21 267.5 call (MSFT210716C267.5)
STO 1 MSFT 16Jul21 280 call (MSFT210716C280) for a debit of $7.55 (buying a vertical) (100%)


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

Happy trading.

Terry