Subject: July 27, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 27, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 27th, 2020 at 12:57 pm EST

July 27, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We will complete the October-to-November rollout by moving the remaining puts: BTO 4 MSFT 20Nov20 200 puts (MSFT201120P200) STC 4 MSFT 16Oct20 200 puts (MSFT201016P200) for a debit of ...

July 27, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 27th, 2020 at 12:22 pm EST

July 27, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We are using our cash to roll our October longs out to November. We ll start on the call side: BTO 3 MSFT 20Nov20 200 calls (MSFT201120C200) STC 3 MSFT 16Oct20 200 calls (MSFT201016C200 ...

July 24, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 24th, 2020 at 3:17 pm EST

July 24, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio This completes rolling out our short options: BTC 4 MSFT 24Jul20 205 puts (MSFT200724P205) STO 4 MSFT 21Aug20 200 puts (MSFT200821P200) for a credit of $3.00 (selling a diagonal) BT ...

July 24, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 24th, 2020 at 10:32 am EST

July 24, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We continue to roll strikes down and out: BTC 2 MSFT 24Jul20 210 calls (MSFT200724C210) for $0.04 (no commissions) STO 2 MSFT 21Aug20 200 calls (MSFT200821C200) for $7.70 BTO 2 MSFT 2 ...

July 23, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

July 23rd, 2020 at 3:43 pm EST

July 23, 2020 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We continue to roll strikes down and out: BTC 5 MSFT 24Jul20 212.5 calls (MSFT200724C212.5) STO 5 MSFT 21Aug20 202.5 calls (MSFT200821C202.5) for a credit of $7.50 (selling a diagonal ...

July 23, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 23rd, 2020 at 2:30 pm EST

July 23, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We continue to roll strikes down and out: BTC 4 MSFT 24Jul20 215 calls (MSFT200724C215) STO 4 MSFT 21Aug20 205 calls (MSFT200821C205) BTO 4 MSFT 16Oct20 205 calls (MSFT201016C205) STC ...

July 23, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 23rd, 2020 at 12:14 pm EST

July 23, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio With MSFT down only 2% after earnings far less than option prices predicted - our portfolio is having a great day. However, delta has gotten uncomfortably high, so we will start lowering ...

July 21, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

July 21st, 2020 at 2:24 pm EST

July 21, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We have become negative net delta: BTC 3 MSFT 24Jul20 202.5 puts (MSFT200724P202.5) STO 3 MSFT 24Jul20 212.5 puts (MSFT200724P212.5) BTO 3 MSFT 16Oct20 205 puts (MSFT201016P205) STC ...

July 21, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

July 21st, 2020 at 11:00 am EST

July 21, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We will buy more spreads with our excess cash: BTO 1 MSFT 16Oct20 220 call (MSFT201016C220) STO 1 MSFT 24Jul20 217.5 call (MSFT200724C217.5) for a debit of $6.40 (buying a diagonal) BT ...

July 20, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

July 20th, 2020 at 3:15 pm EST

July 20, 2020 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We remain negative net delta: BTC 1 MSFT 24Jul20 200 put (MSFT200724P200) STO 1 MSFT 24Jul20 212.5 put (MSFT200724P212.5) for a credit of $5.05 (selling a vertical) BTC 1 MSFT 24Jul2 ...