July 9, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

These trades raise some put strikes and roll out some put longs:

BTC 1 MSFT 16Jul21 260 put (MSFT210716P260)
STO 1 MSFT 16Jul21 277.5 put (MSFT210716P277.5) for a credit of $2.45 (selling a vertical) (100%)

BTO 1 MSFT 17Sep21 275 put (MSFT210917P275)
STC 1 MSFT 20Aug21 260 put (MSFT210820P260) for a debit of $6.50 (buying a diagonal) (100%)

BTO 1 MSFT 17Sep21 280 put (MSFT210917P280)
STC 1 MSFT 20Aug21 265 put (MSFT210820P265) for a debit of $7.85 (buying a diagonal) (50%)

BTC 1 MSFT 23Jul21 265 put (MSFT210723P265)
STO 1 MSFT 23Jul21 275 put (MSFT210723P275) for a credit of $2.00 (selling a vertical) (100%)

BTC 1 MSFT 23Jul21 262.5 put (MSFT210723P262.5)
STO 1 MSFT 23Jul21 272.5 put (MSFT210723P272.5) for a credit of $1.40 (selling 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