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

We are raising delta:

BTC 1 MSFT 26Mar21 225 put (MSFT210326P225) 
STO 1 MSFT 26Mar21 235 put (MSFT210326P235)
BTO 1 MSFT 21May21 230 put (MSFT210521P230) 
STC 1 MSFT 21May21 220 put (MSFT210521P220) for a debit of $0.90 (buying a vertical roll) (100%)

BTC 1 MSFT 26Mar21 225 put (MSFT210326P225)
STC 1 MSFT 21May21 225 put (MSFT210521P225) for a credit of $5.50 (selling a calendar)(100%)

BTC 1 MSFT 26Mar21 227.5 put (MSFT210326P227.5) 
STO 1 MSFT 26Mar21 237.5 put (MSFT210326P237.5)
BTO 1 MSFT 21May21 235 put (MSFT210521P235) 
STC 1 MSFT 21May21 225 put (MSFT210521P225) for a debit of $0.80 (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