September 30, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are reducing delta:


BTC 1 MSFT 08Oct21 292.5 put (MSFT211008P292.5)
STO 1 MSFT 08Oct21 280 put (MSFT211008P280) for a debit of $7.20 (buying a vertical) (100%)

BTO 1 MSFT 19Nov21 280 put (MSFT211119P280)
STC 1 MSFT 19Nov21 295 put (MSFT211119P295) for a credit of $8.00 (selling a vertical) (50%)

BTC 2 MSFT 08Oct21 290 puts (MSFT211008P290)
STO 2 MSFT 08Oct21 280 puts (MSFT211008P280)
BTO 2 MSFT 19Nov21 280 puts (MSFT211119P280)
STC 2 MSFT 19Nov21 290 puts (MSFT211119P290) for a debit of $0.30 (buying a vertical roll) (100%)

BTC 1 MSFT 08Oct21 287.5 put (MSFT211008P287.5)
STO 1 MSFT 08Oct21 277.5 put (MSFT211008P277.5)
BTO 1 MSFT 19Nov21 285 put (MSFT211119P285)
STC 1 MSFT 19Nov21 295 put (MSFT211119P295) for a credit of $1.40 (buying a vertical roll) (100%)

BTC 1 MSFT 08Oct21 287.5 put (MSFT211008P287.5)
STO 1 MSFT 08Oct21 277.5 put (MSFT211008P277.5)
BTO 1 MSFT 19Nov21 280 put (MSFT211119P280)
STC 1 MSFT 19Nov21 290 put (MSFT211119P290) for a credit of $0.65 (buying a vertical roll) (100%)

BTC 1 MSFT 08Oct21 300 call (MSFT211008C300)
STO 1 MSFT 08Oct21 285 call (MSFT211008C285)
BTO 1 MSFT 19Nov21 285 call (MSFT211119C285)
STC 1 MSFT 19Nov21 300 call (MSFT211119C300) for a debit of $2.65 (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