October 30, 2020 Terry’s Tips Trade Alert #3 - Wiley Wolf Portfolio

This completes rolling out our remaining shorts to 27Nov and all remaining longs to 19Feb:

BTC 2 MSFT 30Oct20 202.5 puts (MSFT201030P202.5)
STO 2 MSFT 27Nov20 192.5 puts (MSFT201127P192.5) for a credit of $3.30 (selling a diagonal) (50%)

BTC 2 MSFT 30Oct20 202.5 puts (MSFT201030P202.5)
STO 2 MSFT 27Nov20 195 puts (MSFT201127P195) for a credit of $4.30 (selling a diagonal) (100%)

BTO 4 MSFT 19Feb21 205 puts (MSFT210219P205)
STC 4 MSFT 15Jan21 215 puts (MSFT210115P215) for a credit of $3.30 (buying a diagonal) (100%)

BTO 4 MSFT 19Feb21 200 puts (MSFT210219P200)
STC 4 MSFT 15Jan21 210 puts (MSFT210115P210) for a credit of $2.75 (buying a diagonal) (100%)

BTO 3 MSFT 19Feb21 195 puts (MSFT210219P195)
STC 3 MSFT 15Jan21 205 puts (MSFT210115P205) for a credit of $2.10 (buying a diagonal) (100%)

BTO 6 MSFT 19Feb21 190 puts (MSFT210219P190)
STC 6 MSFT 15Jan21 200 puts (MSFT210115P200) for a credit of $1.70 (buying a diagonal) (100%)

BTO 5 MSFT 19Feb21 210 calls (MSFT210219C210)
STC 5 MSFT 15Jan21 210 calls (MSFT210115C210) for a debit of $2.50 (buying a calendar) (100%)

BTO 2 MSFT 19Feb21 205 calls (MSFT210219C205)
STC 2 MSFT 15Jan21 205 calls (MSFT210115C205) for a debit of $2.60 (buying a calendar) (100%)


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

Happy trading.

Terry