June 11, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are raising delta:

BTC 1 MSFT 25Jun21 242.5 put (MSFT210625P242.5)
STO 1 MSFT 25Jun21 257.5 put (MSFT210625P257.5) for a credit of $2.70 (selling a vertical) (100%)

BTO 1 MSFT 20Aug21 260 put (MSFT210820P260)
STC 1 MSFT 20Aug21 240 put (MSFT210820P240) for a debit of $7.00 (buying a vertical) (100%)

BTC 1 MSFT 25Jun21 250 call (MSFT210625C250)
STO 1 MSFT 25Jun21 265 call (MSFT210625C265)
BTO 1 MSFT 20Aug21 260 call (MSFT210820C260)
STC 1 MSFT 20Aug21 245 call (MSFT210820C245) for a credit of $1.45 (buying a vertical roll) (100%)


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

Happy trading.

Terry