Category Archives: Wiley Wolf
January 25, 2023 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
January 25, 2023 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
With MSFT cutting losses by more than half, we are lowering long strikes to increase delta:
BTO 1 MSFT 17Mar23 235 call (MSFT230317C235)
STC 1 MSFT 17Mar23 255 call (MSFT230317C255) for a debit of $8.70 (buy a vertical) (100%)
BTO 1 MSFT 17Mar23 225 put (MSFT230317P225)
STC 1 MSFT 17Mar23 240 put (MSFT230317P240) for a credit of $5.20 (sell a vertical) (50%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 20, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
January 20, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to raise delta:
BTC 1 MSFT 20Jan23 230 put (MSFT230120P230)
STO 1 MSFT 27Jan23 230 put (MSFT230127P230) for a credit of $3.45 (selling a calendar) (100%)
BTC 1 MSFT 20Jan23 225 put (MSFT230120P225)
STO 1 MSFT 27Jan23 225 put (MSFT230127P225) for a credit of $2.10 (selling a calendar) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 19, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
January 19, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to lower delta:
BTC 1 MSFT 20Jan23 245 call (MSFT230120C245)
STO 1 MSFT 27Jan23 232.5 call (MSFT230127C232.5) for a credit of $5.90 (selling a diagonal) (100%)
BTC 1 MSFT 20Jan23 242.5 call (MSFT230120C242.5)
STO 1 MSFT 27Jan23 237.5 call (MSFT230127C237.5) for a credit of $3.65 (selling a diagonal) (100%)
BTO 1 MSFT 17Mar23 235 call (MSFT230317C235)
STC 1 MSFT 17Mar23 245 call (MSFT230317C245) for a debit of $4.15 (buy a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 5, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
January 5, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are reducing delta:
BTC 1 MSFT 20Jan23 260 call (MSFT230120C260)
STC 1 MSFT 17Mar23 260 call (MSFT230317C260) for a credit of $2.40 (sell a calendar) (100%)
BTC 1 MSFT 20Jan23 255 call (MSFT230120C255)
STC 1 MSFT 17Mar23 255 call (MSFT230317C255) for a credit of $3.25 (sell a calendar) (100%)
BTC 1 MSFT 20Jan23 250 call (MSFT230120C250)
STO 1 MSFT 20Jan23 232.5 call (MSFT230120C232.5) for a credit of $2.80 (sell a vertical) (100%)
BTO 1 MSFT 17Mar23 230 call (MSFT230317C230)
STC 1 MSFT 17Mar23 250 call (MSFT230317C250) for a debit of $7.30 (buy a vertical) (100%)
BTC 1 MSFT 20Jan23 240 put (MSFT230120P240)
STC 1 MSFT 17Mar23 220 put (MSFT230317P220) for a debit of $5.20 (sell a diagonal) (100%)
BTC 1 MSFT 20Jan23 235 put (MSFT230120P235)
STC 1 MSFT 17Mar23 225 put (MSFT230317P225) for a credit of $0.90 (sell a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
December 19, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
December 19, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are adding spreads:
BTO 1 MSFT 17Mar23 225 put (MSFT230317P225)
STO 1 MSFT 20Jan23 225 put (MSFT230120P225) for a debit of $5.60 (buying a calendar)
BTO 1 MSFT 17Mar23 240 call (MSFT230317C240)
STO 1 MSFT 20Jan23 237.5 call (MSFT230120C237.5) for a debit of $5.90 (buying a diagonal)
BTO 1 MSFT 17Mar23 220 put (MSFT230317P220)
STO 1 MSFT 20Jan23 220 put (MSFT230120P220) for a debit of $5.10 (buying a calendar)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
December 16, 2022 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
December 16, 2022 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
We are rolling out and adding spreads:
BTO 1 MSFT 17Mar23 250 call (MSFT230317C250)
STO 1 MSFT 20Jan23 250 call (MSFT230120C250) for a debit of $7.30 (buy a calendar)
BTO 1 MSFT 17Mar23 255 call (MSFT230317C255)
STO 1 MSFT 20Jan23 255 call (MSFT230120C255) for a debit of $7.00 (buy a calendar)
BTO 1 MSFT 17Mar23 260 call (MSFT230317C260)
STO 1 MSFT 20Jan23 260 call (MSFT230120C260) for a debit of $6.45 (buy a calendar)
BTO 1 MSFT 17Mar23 245 call (MSFT230317C245)
STC 1 MSFT 17Feb23 255 call (MSFT230217C255) for a debit of $7.50 (buying a diagonal) (100%)
BTO 1 MSFT 17Mar23 240 put (MSFT230317P240)
STO 1 MSFT 20Jan23 240 put (MSFT230120P240) for a debit of $6.25 (buy a calendar)
BTO 1 MSFT 17Mar23 235 put (MSFT230317P235)
STO 1 MSFT 20Jan23 235 put (MSFT230120P235) for a debit of $6.00 (buy a calendar)
BTO 1 MSFT 17Mar23 230 put (MSFT230317P230)
STO 1 MSFT 20Jan23 230 put (MSFT230120P230) for a debit of $5.65 (buy a calendar)
BTC 1 MSFT 16Dec22 245 call (MSFT221216C245)
STO 1 MSFT 20Jan23 245 call (MSFT230120C245) for a credit of $8.75 (selling a calendar) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
November 18, 2022 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio
November 18, 2022 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio
This completes rolling out:
BTC 1 MSFT 18Nov22 235 put (MSFT221118P235)
STO 1 MSFT 16Dec22 220 put (MSFT221216P220) for a credit of $2.10 (selling a diagonal) (100%)
BTC 1 MSFT 18Nov22 240 put (MSFT221118P240)
STO 1 MSFT 16Dec22 225 put (MSFT221216P225) for a credit of $2.05 (selling a diagonal) (100%)
BTC 1 MSFT 18Nov22 242.5 call (MSFT221118C242.5)
STO 1 MSFT 16Dec22 255 call (MSFT221216C255) for a credit of $2.35 (selling a diagonal) (100%)
BTO 1 MSFT 17Feb23 255 call (MSFT230217C255)
STO 1 MSFT 16Dec22 260 call (MSFT221216C260) for a debit of $7.60 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
November 18, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
November 18, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out shorts with little extrinsic value:
BTC 1 MSFT 18Nov22 230 put (MSFT221118P230)
STO 1 MSFT 16Dec22 230 put (MSFT221216P230) for a credit of $4.10 (selling a calendar) (100%)
BTC 1 MSFT 18Nov22 247.5 call (MSFT221118C247.5)
STO 1 MSFT 16Dec22 245 call (MSFT221216C245) for a credit of $6.25 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
November 15, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
November 15, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
With MSFT going ex-dividend tomorrow, we are rolling out the lowest-strike call to avoid potential assignment. This will also raise delta:
BTC 1 MSFT 18Nov22 240 call (MSFT221118C240)
STO 1 MSFT 16Dec22 250 call (MSFT221216C250) for a credit of $0.30 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
November 10, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
November 10, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising delta:
BTC 1 MSFT 18Nov22 215 put (MSFT221118P215)
STO 1 MSFT 18Nov22 235 put (MSFT221118P235) for a credit of $3.00 (selling a vertical) (100%)
BTC 1 MSFT 18Nov22 230 call (MSFT221118C230)
STO 1 MSFT 18Nov22 242.5 call (MSFT221118C242.5) for a debit of $7.50 (buying a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube