June 15, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are raising delta:

BTC 1 MSFT 25Jun21 245 put (MSFT210625P245)
STO 1 MSFT 25Jun21 260 put (MSFT210625P260)
BTO 1 MSFT 20Aug21 260 put (MSFT210820P260)
STC 1 MSFT 20Aug21 245 put (MSFT210820P245) for a debit of $2.25 (buying a vertical) (100%)

BTC 1 MSFT 25Jun21 252.5 call (MSFT210625C252.5)
STO 1 MSFT 25Jun21 267.5 call (MSFT210625C267.5)
BTO 1 MSFT 20Aug21 265 call (MSFT210820C265)
STC 1 MSFT 20Aug21 250 call (MSFT210820C250) for a credit of $1.45 (selling 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