September 28, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are reducing delta:


BTC 1 MSFT 08Oct21 305 call (MSFT211008C305)
STC 1 MSFT 19Nov21 310 call (MSFT211119C310) for a credit of $2.35 (selling a diagonal) (100%)

BTC 2 MSFT 08Oct21 302.5 calls (MSFT211008C302.5)
STC 2 MSFT 19Nov21 305 calls (MSFT211119C305) for a credit of $3.25 (selling a diagonal) (100%)

BTC 1 MSFT 08Oct21 297.5 put (MSFT211008P297.5)
STC 1 MSFT 19Nov21 300 put (MSFT211119P300) for a credit of $6.95 (selling a diagonal) (100%)

BTC 1 MSFT 08Oct21 297.5 put (MSFT211008P297.5)
STO 1 MSFT 08Oct21 285 put (MSFT211008P285) for a debit of $8.25 (buying a vertical) (100%)

BTC 1 MSFT 08Oct21 300 call (MSFT211008C300)
STO 1 MSFT 08Oct21 290 call (MSFT211008C290) for a credit of $2.15 (selling a vertical) (50%)

BTC 3 MSFT 08Oct21 295 puts (MSFT211008P295)
STO 3 MSFT 08Oct21 282.5 puts (MSFT211008P282.5)
BTO 3 MSFT 19Nov21 285 puts (MSFT211119P285)
STC 3 MSFT 19Nov21 295 puts (MSFT211119P295) for a debit of $1.80 (buying 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