July 24, 2020 Terry’s Tips Trade Alert  – Wiley Wolf Portfolio

We continue to roll strikes down and out:

BTC 2 MSFT 24Jul20 210 calls (MSFT200724C210) for $0.04 (no commissions)

STO 2 MSFT 21Aug20 200 calls (MSFT200821C200) for $7.70

BTO 2 MSFT 20Nov20 200 calls (MSFT201120C200)
STC 2 MSFT 16Oct20 210 calls (MSFT201016C210) for a debit of $7.80 (buying a diagonal)

BTC 3 MSFT 24Jul20 207.5 puts (MSFT200724P207.5)
STO 3 MSFT 21Aug20 197.5 puts (MSFT200821P197.5) for a debit of $0.70 (selling a diagonal)

BTC 2 MSFT 24Jul20 207.5 puts (MSFT200724P207.5)
STO 2 MSFT 21Aug20 195 puts (MSFT200821P195) for a debit of $1.70 (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