November 4, 2020 Terry’s Tips Trade Alert #3 - Wiley Wolf Portfolio

We continue to raise delta:

BTC 5 MSFT 27Nov20 207.5 calls (MSFT201127C207.5)
STO 5 MSFT 27Nov20 222.5 calls (MSFT201127C222.5) for a debit of $8.90 (buying a vertical) (100%)

BTO 3 MSFT 19Feb21 225 calls (MSFT210219C225)
STC 3 MSFT 19Feb21 205 calls (MSFT210219C205) for a credit of $10.60 (selling a vertical) (42%)

BTO 1 MSFT 19Feb21 220 call (MSFT210219C220)
STC 1 MSFT 19Feb21 205 call (MSFT210219C205) for a credit of $8.30 (selling a vertical) (25%)


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

Happy trading.

Terry