September 14, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:


BTC 1 MSFT 17Sep21 290 put (MSFT210917P290)
STO 1 MSFT 17Sep21 300 put (MSFT210917P300)
BTO 1 MSFT 15Oct21 300 put (MSFT211015P300)
STC 1 MSFT 15Oct21 290 put (MSFT211015P290) for a debit of $1.50 (buying a vertical roll) (100%)

BTC 2 MSFT 17Sep21 295 calls (MSFT210917C295)
STO 2 MSFT 17Sep21 305 calls (MSFT210917C305)
BTO 2 MSFT 15Oct21 305 calls (MSFT211015C305)
STC 2 MSFT 15Oct21 295 calls (MSFT211015C295) for a credit of $0.00 (selling a vertical roll) (100%)


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

Happy trading.

Terry