Subject: April 30, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
April 30, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
April 30th, 2020 at 11:22 am ESTApril 30, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We ll continue to roll out our lowest strikes: BTC 2 MSFT 01May20 170 puts (MSFT200501P170) STO 2 MSFT 29May20 175 puts (MSFT200529P175) for a credit of $4.55 (selling a diagonal) B ...
April 30, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 30th, 2020 at 10:43 am ESTApril 30, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio With MSFT showing little movement after earnings, the value of our short positions has fallen rapidly with the drop in volatility. We can now start rolling out these positions four weeks a ...
April 29, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 29th, 2020 at 11:52 am ESTApril 29, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta. We can raise the lowest call strike to increase delta to near neutral and add theta. We can also use our excess cash to buy another at-the-money calendar ...
April 27, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 27th, 2020 at 12:19 pm ESTApril 27, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta. Raising our lowest short put strike will add delta and theta prior to earnings on Wednesday: BTC 2 MSFT 01May20 165 puts (MSFT200501P165) STO 2 MSFT 01 ...
April 24, 2020 Terry’s Tips Trade Alert #4 – Wiley Wolf Portfolio
April 24th, 2020 at 3:01 pm ESTApril 24, 2020 Terry s Tips Trade Alert #4 Wiley Wolf Portfolio We have excess cash to spend on new spreads: BTO 1 MSFT 18Sep20 180 call (MSFT200918C180) STO 1 MSFT 01May20 180 call (MSFT200501C180) for a debit of $11.10 (buying a calendar) BTO 1 ...
April 24, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio
April 24th, 2020 at 2:31 pm ESTApril 24, 2020 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio This completes our rollouts to next week: BTC 2 MSFT 24Apr20 172.5 calls (MSFT200424C172.5) STO 2 MSFT 01May20 172.5 calls (MSFT200501C172.5) for a credit of $4.30 (selling a calendar ...
April 24, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
April 24th, 2020 at 12:47 pm ESTApril 24, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We will continue rolling out to next week with short options that have little time value remaining: BTC 2 MSFT 24Apr20 170 calls (MSFT200424C170) STO 2 MSFT 01May20 170 calls (MSFT200 ...
April 24, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 24th, 2020 at 11:10 am ESTApril 24, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio MSFT reports earnings next week, so we will be rolling out to the May 1 expiration to take advantage of higher premiums. We will continue the rollout process that we started yesterday: B ...
April 23, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 23rd, 2020 at 12:15 pm ESTApril 23, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta. MSFT reports earnings next week, so we will be rolling out to the May 1 expiration to take advantage of higher premiums and raise delta. We can start now ...
April 21, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
April 21st, 2020 at 11:57 am ESTApril 21, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We continue to need to reduce delta: BTO 1 MSFT 18Sep20 165 put (MSFT200918P165) STC 1 MSFT 18Sep20 185 put (MSFT200918P185) for a credit of $11.20 (selling a vertical) BTC 1 MSFT 24 ...