October 9, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We will start rolling out to next week, leaving one more rollout before earnings on Oct. 21:

BTC 8 MSFT 09Oct20 200 puts (MSFT201009P200) for $0.02 (100%)

BTC 1 MSFT 09Oct20 202.5 put (MSFT201009P202.5) for $0.03 (100%)

BTC 2 MSFT 09Oct20 205 puts (MSFT201009P205) for $0.03 (100%)

BTC 3 MSFT 09Oct20 207.5 puts (MSFT201009P207.5) for $0.03 (100%)

STO 3 MSFT 16Oct20 215 puts (MSFT201016P215) for $3.65

STO 3 MSFT 16Oct20 212.5 puts (MSFT201016P212.5) for $2.45

STO 3 MSFT 16Oct20 210 puts (MSFT201016P210) for $1.60

BTO 2 MSFT 15Jan21 215 puts (MSFT210115P215)
STC 2 MSFT 15Jan21 200 puts (MSFT210115P200) for a debit of $6.70 (buying a vertical) (29%)

BTO 1 MSFT 15Jan21 220 put (MSFT210115P220)
STC 1 MSFT 15Jan21 205 put (MSFT210115P205) for a debit of $7.50 (buying a vertical) (50%)


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

Happy trading.

Terry