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

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 ...

November 18, 2019 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 18th, 2019 at 3:07 pm EST

November 18, 2019 Terry s Tips Trade Alert Wiley Wolf Portfolio We have become negative net delta: BTC 2 MSFT 22Nov19 148 calls (MSFT191122C148) STO 2 MSFT 22Nov19 152.5 calls (MSFT191122C152.5) for a debit of $2.30 (buying a vertical) BTC 2 MSF ...

November 15, 2019 Terry’s Tips Trade Alert #4 – Wiley Wolf Portfolio

November 15th, 2019 at 2:46 pm EST

November 15, 2019 Terry s Tips Trade Alert #4 Wiley Wolf Portfolio We will roll out our remaining short puts and sell some calls: BTC 3 MSFT 15Nov19 145 puts (MSFT191115P145) for $0.02 (no commissions) BTC 2 MSFT 15Nov19 146 puts (MSFT191115P146) ...

November 15, 2019 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

November 15th, 2019 at 11:51 am EST

November 15, 2019 Terry s Tips Trade Alert #3 Wiley Wolf Portfolio We are buying back the remaining short calls to increase delta for now. We will decide later whether to sell short 11/22 calls depending on the stock price and 11/22 call premiums: ...

November 15, 2019 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

November 15th, 2019 at 10:50 am EST

November 15, 2019 Terry s Tips Trade Alert #2 Wiley Wolf Portfolio We remain negative net delta and need to keep rolling out to next week: BTC 1 MSFT 15Nov19 148 call (MSFT191115C148) STO 1 MSFT 22Nov19 149 call (MSFT191122C149) for a debit of $0. ...