July 22, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We continue rolling out to raise delta:

BTC 1 MSFT 23Jul21 277.5 put (MSFT210723P277.5)
STO 1 MSFT 30Jul21 277.5 put (MSFT210730P277.5) for a credit of $1.95 (selling a calendar) (50%)

BTC 1 MSFT 23Jul21 277.5 put (MSFT210723P277.5)
STO 1 MSFT 30Jul21 285 put (MSFT210730P285) for a credit of $4.60 (selling a diagonal) (100%)

BTC 1 MSFT 23Jul21 280 put (MSFT210723P280)
STO 1 MSFT 30Jul21 282.5 put (MSFT210730P282.5) for a credit of $3.45 (selling a diagonal) (50%)

BTC 1 MSFT 23Jul21 280 put (MSFT210723P280)
STO 1 MSFT 30Jul21 285 put (MSFT210730P285) for a credit of $4.55 (selling a diagonal) (100%)

BTO 1 MSFT 17Sep21 290 put (MSFT210917P290)
STC 1 MSFT 17Sep21 275 put (MSFT210917P275) for a debit of $6.35 (buying a vertical) (50%)


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

Happy trading.

Terry