October 30, 2020 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We continue rolling out and lowering delta:

BTC 2 MSFT 30Oct20 210 calls (MSFT201030C210) for $0.04 (100%)
 
STO 2 MSFT 27Nov20 200 calls (MSFT201127C200) for $8.50

BTO 2 MSFT 19Feb21 200 calls (MSFT210219C200)
STC 2 MSFT 15Jan21 210 calls (MSFT210115C210) for a debit of $7.05 (buying a diagonal) (28%)

BTC 3 MSFT 30Oct20 205 puts (MSFT201030P205)
STO 3 MSFT 27Nov20 195 puts (MSFT201127P195) for a credit of $1.70 (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