November 4, 2020 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We continue to raise delta:

BTC 4 MSFT 27Nov20 205 puts (MSFT201127P205)
STO 4 MSFT 27Nov20 217.5 puts (MSFT201127P217.5) for a credit of $4.30 (selling a vertical) (100%)

BTO 2 MSFT 19Feb21 225 puts (MSFT210219P225)
STC 2 MSFT 19Feb21 200 puts (MSFT210219P200) for a debit of $11.25 (buying a vertical) (100%)

BTC 2 MSFT 27Nov20 202.5 calls (MSFT201127C202.5)
STC 2 MSFT 19Feb21 200 calls (MSFT210219C200) for a credit of $8.20 (selling a diagonal) (100%)

BTC 7 MSFT 27Nov20 205 calls (MSFT201127C205)
STO 7 MSFT 27Nov20 220 calls (MSFT201127C220) for a debit of $9.60 (buying a vertical) (100%)

BTO 5 MSFT 19Feb21 225 calls (MSFT210219C225)
STC 5 MSFT 19Feb21 205 calls (MSFT210219C205) for a credit of $10.60 (selling a vertical) (41%)


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

Happy trading.

Terry