June 26, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

We are rolling out our remaining shorts:

BTC 3 MSFT 26Jun20 197.5 calls (MSFT200626C197.5)
STO 3 MSFT 10Jul20 197.5 calls (MSFT200710C197.5) for a credit of $4.50 (selling a calendar)

BTC 1 MSFT 26Jun20 197.5 call (MSFT200626C197.5)
STO 1 MSFT 10Jul20 195 call (MSFT200710C195) for a credit of $5.90 (selling a diagonal)

BTC 2 MSFT 26Jun20 197.5 calls (MSFT200626C197.5)
STO 2 MSFT 10Jul20 192.5 calls (MSFT200710C192.5) for a credit of $7.50 (selling a diagonal)

BTO 1 MSFT 16Oct20 190 call (MSFT201016C190)
STC 1 MSFT 18Sep20 210 call (MSFT200918C210) for a debit of $11.60 (buying a diagonal)

BTO 1 MSFT 16Oct20 195 call (MSFT201016C195)
STC 1 MSFT 18Sep20 200 call (MSFT200918C200) for a debit of $4.30 (buying a diagonal)


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

Happy trading.

Terry