September 21, 2020 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We have excess cash to put to work:

BTO 2 MSFT 15Jan21 210 calls (MSFT210115C210)
STO 2 MSFT 09Oct20 210 calls (MSFT201009C210) for a debit of $9.00 (buying a calendar)

BTO 1 MSFT 15Jan21 210 call (MSFT210115C210)
STO 1 MSFT 09Oct20 212.5 call (MSFT201009C212.5) for a debit of $9.50 (buying a diagonal)

BTO 1 MSFT 15Jan21 215 call (MSFT210115C215)
STO 1 MSFT 09Oct20 212.5 call (MSFT201009C212.5) for a debit of $7.70 (buying a diagonal)

BTO 2 MSFT 15Jan21 200 calls (MSFT210115C200)
STO 2 MSFT 09Oct20 200 calls (MSFT201009C200) for a debit of $9.50 (buying a calendar)

BTO 2 MSFT 15Jan21 185 puts (MSFT210115P185)
STO 2 MSFT 09Oct20 200 puts (MSFT201009P200) for a debit of $3.20 (buying a diagonal)

BTO 1 MSFT 15Jan21 200 call (MSFT210115C200)
STO 1 MSFT 09Oct20 197.5 call (MSFT201009C197.5) for a debit of $8.20 (buying a diagonal)

BTO 1 MSFT 15Jan21 195 call (MSFT210115C195)
STO 1 MSFT 09Oct20 197.5 call (MSFT201009C197.5) for a debit of $10.70 (buying a diagonal)


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

Happy trading.

Terry