July 30, 2021 Terry’s Tips Trade Alert #3 - Wiley Wolf Portfolio

We will start rolling out our longs to October:

BTO 4 MSFT 15Oct21 285 calls (MSFT211015C285)
STC 4 MSFT 17Sep21 280 calls (MSFT210917C280) for a credit of $0.30 (buying a diagonal) (100%)

BTO 2 MSFT 15Oct21 290 calls (MSFT211015C290)
STC 2 MSFT 17Sep21 285 calls (MSFT210917C285) for a debit of $0.20 (buying a diagonal) (100%)

BTO 3 MSFT 15Oct21 280 puts (MSFT211015P280)
STC 3 MSFT 17Sep21 285 puts (MSFT210917P285) for a debit of $0.60 (buying a vertical) (100%)

BTO 2 MSFT 15Oct21 275 puts (MSFT211015P275)
STC 2 MSFT 17Sep21 280 puts (MSFT210917P280) for a debit of $0.95 (buying a vertical) (66%)


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

Happy trading.

Terry