Subject: January 29, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

January 29, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

January 29th, 2020 at 3:24 pm EST

January 29, 2020 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We have become negative net delta once again. This will increase theta right before earnings: BTC 1 MSFT 31Jan20 162.5 put (MSFT200131P162.5) STO 1 MSFT 31Jan20 170 put (MSFT200131P1 ...

January 29, 2020 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

January 29th, 2020 at 1:08 pm EST

January 29, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We have become negative net delta once again: BTC 2 MSFT 31Jan20 162.5 put (MSFT200131P162.5) STO 2 MSFT 31Jan20 170 put (MSFT200131P170) for a credit of $3.15 (selling a vertical) ...

January 29, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

January 29th, 2020 at 11:13 am EST

January 29, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta. This will also increase theta: BTC 1 MSFT 31Jan20 160 put (MSFT200131P160) STO 1 MSFT 31Jan20 170 put (MSFT200131P170) for a credit of $3.95 (selling ...

January 28, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

January 28th, 2020 at 11:02 am EST

January 28, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We need to raise delta: BTC 2 MSFT 31Jan20 162.5 calls (MSFT200131C162.5) STO 2 MSFT 31Jan20 170 calls (MSFT200131C170) for a debit of $3.45 (buying a vertical) BTO 1 MSFT 17Jul20 170 ...

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

January 27th, 2020 at 1:46 pm EST

January 27, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We need to reduce delta: BTC 1 MSFT 31Jan20 170 put (MSFT200131P170) STO 1 MSFT 31Jan20 160 put (MSFT200131P160) for a debit of $5.90 (buying a vertical) BTC 2 MSFT 31Jan20 170 calls ...

January 24, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

January 24th, 2020 at 3:49 pm EST

January 24, 2020 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We can use our excess cash to add on more spreads: BTO 1 MSFT 17Jul20 170 call (MSFT200717C170) STO 1 MSFT 31Jan20 170 call (MSFT200131C170) for a debit of $6.30 (buying a calendar) ...

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

January 24th, 2020 at 3:25 pm EST

January 24, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We are continuing our rollout to next week to lower delta and leverage the higher implied volatility: BTC 2 MSFT 24Jan20 167.5 calls (MSFT200124C167.5) for $0.02 (no commissions) BT ...

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

January 24th, 2020 at 1:10 pm EST

January 24, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We are rolling our short options to next week to take advantage of the high implied volatility due to MSFT s earnings on 1/29. We will start with options that are in the money: BTC 2 MS ...

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

January 21st, 2020 at 11:25 am EST

January 21, 2020 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We have become negative net delta: BTC 2 MSFT 24Jan20 167.5 calls (MSFT200124C167.5) STO 2 MSFT 24Jan20 170 calls (MSFT200124C170) for a debit of $0.95 (buying a vertical) BTO 1 MS ...

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

January 21st, 2020 at 10:22 am EST

January 21, 2020 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta: BTC 2 MSFT 24Jan20 167.5 calls (MSFT200124C167.5) STO 2 MSFT 24Jan20 170 calls (MSFT200124C170) for a debit of $0.90 (buying a vertical) BTO 1 MSFT ...