November 24, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We will start rolling out three weeks to the 18Dec series to avoid the 24Dec holiday-week expiration:

BTC 3 MSFT 27Nov20 205 put (MSFT201127P205)
STO 3 MSFT 18Dec20 212.5 put (MSFT201218P212.5) for a credit of $5.60 (selling a diagonal) (60%)

BTO 2 MSFT 19Feb21 215 puts (MSFT210219P215)
STC 2 MSFT 19Feb21 205 puts (MSFT210219P205) for a debit of $4.80 (buying a vertical) (33%)

BTC 2 MSFT 27Nov20 207.5 call (MSFT201127C207.5)
STO 2 MSFT 18Dec20 217.5 call (MSFT201218C217.5) for a debit of $1.55 (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