September 18, 2020 Terry’s Tips Trade Alert  #3 - Wiley Wolf Portfolio

This completes rolling out to all long positions to the Jan 21 series:

BTO 3 MSFT 15Jan21 200 puts (MSFT210115P200)
STC 3 MSFT 18Dec20 210 puts (MSFT201218P210) for a credit of $4.10 (buying a diagonal)

BTO 5 MSFT 15Jan21 200 puts (MSFT210115P200)
STC 5 MSFT 18Dec20 205 puts (MSFT201218P205) for a credit of $1.05 (buying a diagonal)

BTO 7 MSFT 15Jan21 195 puts (MSFT210115P195)
STC 7 MSFT 18Dec20 200 puts (MSFT201218P200) for a credit of $0.90 (buying a diagonal)

BTO 2 MSFT 15Jan21 190 puts (MSFT210115P190)
STC 2 MSFT 18Dec20 195 puts (MSFT201218P195) for a credit of $0.90 (buying a diagonal)

BTO 2 MSFT 15Jan21 205 calls (MSFT210115C205)
STC 2 MSFT 18Dec20 205 calls (MSFT201218C205) for a debit of $1.60 (buying a calendar)

BTO 2 MSFT 15Jan21 210 calls (MSFT210115C210)
STC 2 MSFT 18Dec20 210 calls (MSFT201218C210) for a debit of $1.70 (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