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

We continue rolling out and lowering delta:

BTC 4 MSFT 30Oct20 212.5 calls (MSFT201030C212.5) for $0.04 (100%)
 
STO 4 MSFT 27Nov20 202.5 calls (MSFT201127C202.5) for $7.50

BTO 2 MSFT 19Feb21 205 calls (MSFT210219C205)
STC 2 MSFT 19Feb21 225 calls (MSFT210219C225) for a debit of $7.15 (buying a vertical) (100%)

BTC 4 MSFT 30Oct20 207.5 puts (MSFT201030P207.5)
STO 4 MSFT 27Nov20 197.5 puts (MSFT201127P197.5) for a credit of $0.60 (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