Subject: November 26, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 26, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 26th, 2019 at 10:40 am EST

November 26, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta: BTC 2 MSFT 06Dec19 149 calls (MSFT191206C149) STO 2 MSFT 06Dec19 155 calls (MSFT191206C155) for a debit of $3.25 (buying a vertical) BTC 2 MSFT 06D ...

November 25, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 25th, 2019 at 10:31 am EST

November 25, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We need to raise delta: BTC 2 MSFT 06Dec19 146 puts (MSFT191206P146) STO 2 MSFT 06Dec19 150 puts (MSFT191206P150) for a credit of $0.90 (selling a vertical) Be prepared to change th ...

November 22, 2019 Terry’s Tips Trade Alert #4 – Wiley Wolf Portfolio

November 22nd, 2019 at 3:44 pm EST

November 22, 2019 Terry s Tips Trade Alert #4 Wiley Wolf Portfolio We can use some of our excess cash to roll out some long positions to January: BTO 1 MSFT 17Jan20 150 call (MSFT200117C150) STC 1 MSFT 20Dec19 148 call (MSFT191220C148) for a debit ...

November 22, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

November 22nd, 2019 at 3:16 pm EST

November 22, 2019 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We need to roll the remaining short positions out to December 6: BTC 2 MSFT 22Nov19 148 puts (MSFT191122P148) for $0.04 (no commissions) BTC 1 MSFT 22Nov19 147 put (MSFT191122P147 ...

November 22, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

November 22nd, 2019 at 11:40 am EST

November 22, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We need to roll out our in-the money short puts: BTC 4 MSFT 22Nov19 150 puts (MSFT191122P150) STO 4 MSFT 06Dec19 149 puts (MSFT191206P149) for a credit of $0.80 (selling a diagonal) ...

November 22, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 22nd, 2019 at 9:52 am EST

November 22, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta and need to roll out our short calls: BTC 2 MSFT 22Nov19 148 calls (MSFT191122C148) STO 2 MSFT 06Dec19 149 calls (MSFT191206C149) for a credit of $0.3 ...

November 20, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

November 20th, 2019 at 1:42 pm EST

November 20, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We need to further reduce delta: BTC 4 MSFT 22Nov19 152.5 calls (MSFT191122C152.5) STO 4 MSFT 22Nov19 148 calls (MSFT191122C148) for a credit of $1.15 (selling a vertical) BTC 1 MS ...

November 20, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 20th, 2019 at 10:56 am EST

November 20, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have excess cash that can be used to roll out some long positions to January. This will also reduce delta, which bumped higher yesterday when we rolled out our short in-the-money cal ...

November 19, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

November 19th, 2019 at 3:46 pm EST

November 19, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio MSFT goes ex-dividend tomorrow. Therefore, we are rolling our short in-the-money calls out now to avoid being responsible for the dividend. Note that we are rolling out two weeks to ...

November 19, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 19th, 2019 at 12:22 pm EST

November 19, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta: BTC 1 MSFT 22Nov19 147 put (MSFT191122P147) STO 1 MSFT 22Nov19 152.5 put (MSFT191122P152.5) for a credit of $2.05 (selling a vertical) BTO 1 MSFT 1 ...