Subject: October 5, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

 

 October 5, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:


BTC 2
MSFT 08Oct21 277.5 puts (MSFT211008P277.5)
STO 2
MSFT 08Oct21 287.5 puts (MSFT211008P287.5) for a credit of $1.35 (selling a vertical) (100%)

BTC 1
MSFT 08Oct21 285 call (MSFT211008C285)
STO 1
MSFT 08Oct21 292.5 call (MSFT211008C292.5) for a debit of $4.55 (buying a vertical) (100%)


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

Happy trading.

Terry

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