June 22, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta and will start rolling out our shorts by four weeks:

BTC 1 MSFT 25Jun21 250 put (MSFT210625P250)
STO 1 MSFT 23Jul21 262.5 put (MSFT210723P262.5) for a credit of $5.50 (selling a diagonal) (100%)

BTO 1 MSFT 20Aug21 265 put (MSFT210820P265)
STC 1 MSFT 20Aug21 250 put (MSFT210820P250) for a debit of $5.30 (buying a vertical) (100%)

BTC 1 MSFT 25Jun21 252.5 put (MSFT210625P252.5)
STO 1 MSFT 23Jul21 265 put (MSFT210723P265) for a credit of $6.60 (selling a diagonal) (100%)

BTO 1 MSFT 20Aug21 265 put (MSFT210820P265)
STC 1 MSFT 20Aug21 255 put (MSFT210820P255) for a debit of $4.00 (buying a vertical) (50%)

BTC 1 MSFT 25Jun21 257.5 call (MSFT210625C257.5)
STO 1 MSFT 23Jul21 270 call (MSFT210723C270) for a debit of $3.20 (selling a diagonal) (100%)


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

Happy trading.

Terry