October 30, 2020 Terry’s Tips Trade Alert #4 - Wiley Wolf Portfolio

We have cash to buy more spreads:

BTO 1 MSFT 19Feb21 180 put (MSFT210219P180)
STO 1 MSFT 27Nov20 190 put (MSFT201127P190) for a debit of $3.40 (buying a diagonal)

BTO 3 MSFT 19Feb21 190 puts (MSFT210219P190)
STO 3 MSFT 27Nov20 190 puts (MSFT201127P190) for a debit of $6.80 (buying a calendar)

BTO 1 MSFT 19Feb21 190 put (MSFT210219P190)
STO 1 MSFT 27Nov20 192.5 put (MSFT201127P192.5) for a debit of $6.10 (buying a diagonal)

BTO 1 MSFT 19Feb21 195 put (MSFT210219P195)
STO 1 MSFT 27Nov20 192.5 put (MSFT201127P192.5) for a debit of $8.15 (buying a diagonal)

BTO 2 MSFT 19Feb21 195 calls (MSFT210219C195)
STO 2 MSFT 27Nov20 197.5 calls (MSFT201127C197.5) for a debit of $8.80 (buying a diagonal)

BTO 2 MSFT 19Feb21 200 calls (MSFT210219C200)
STO 2 MSFT 27Nov20 197.5 calls (MSFT201127C197.5) for a debit of $6.10 (buying a diagonal)

BTO 4 MSFT 19Feb21 205 puts (MSFT210219P205)
STO 4 MSFT 27Nov20 205 puts (MSFT201127P205) for a debit of $7.60 (buying a calendar)

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

Happy trading.

Terry