November 27, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We’ll start rolling out our remaining 27Nov shorts to 18Dec, starting with the deep in-the-money calls:

BTC 2 MSFT 27Nov20 212.5 calls (MSFT201127C212.5)
STO 2 MSFT 18Dec20 222.5 calls (MSFT201218C222.5) for a debit of $0.95 (selling a diagonal) (50%)

BTC 1 MSFT 27Nov20 212.5 call (MSFT201127C212.5)
STO 1 MSFT 18Dec20 220 call (MSFT201218C220) for a debit of $0.10 (selling a diagonal) (50%)

BTC 1 MSFT 27Nov20 212.5 call (MSFT201127C212.5)
STO 1 MSFT 18Dec20 217.5 call (MSFT201218C217.5) for a credit of $0.90 (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