October 15, 2020 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We have become negative net delta:

BTC 3 MSFT 16Oct20 215 puts (MSFT201016P215)
STO 3 MSFT 23Oct20 220 puts (MSFT201023P220) for a credit of $3.50 (selling a diagonal) (50%)


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

Happy trading.

Terry