November 11, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:

BTC 4 MSFT 27Nov20 210 calls (MSFT201127C210)
STO 4 MSFT 27Nov20 222.5 calls (MSFT201127C222.5) for a debit of $6.15 (buying a vertical) (100%)

BTO 3 MSFT 19Feb21 220 calls (MSFT210219C220)
STC 3 MSFT 19Feb21 205 calls (MSFT210219C205) for a credit of $7.90 (selling a vertical) (100%)

BTC 1 MSFT 27Nov20 202.5 put (MSFT201127P202.5)
STC 1 MSFT 19Feb21 200 put (MSFT210219P200) for a credit of $6.10 (selling a diagonal) (25%)

BTC 3 MSFT 27Nov20 202.5 puts (MSFT201127P202.5)
STO 3 MSFT 27Nov20 215 puts (MSFT201127P215) for a credit of $3.50 (selling a vertical) (100%)

BTO 2 MSFT 19Feb21 215 puts (MSFT210219P215)
STC 2 MSFT 19Feb21 200 puts (MSFT210219P210) for a debit of $6.20 (buying a vertical) (66%)

BTC 1 MSFT 27Nov20 205 put (MSFT201127P205)
STO 1 MSFT 27Nov20 217.5 put (MSFT201127P217.5) for a credit of $4.40 (selling a vertical) (25%)

BTO 1 MSFT 19Feb21 220 put (MSFT210219P220)
STC 1 MSFT 19Feb21 210 put (MSFT210219P210) for a debit of $5.10 (buying a vertical) (11%)


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

Happy trading.

Terry