Category Archives: Wiley Wolf
April 27, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 27, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
With MSFT up another 2% today, we are closing spreads to raise delta:
BTC 1 MSFT 28Apr23 280 put (MSFT230428P280)
STC 1 MSFT 16Jun23 280 put (MSFT230616P280) for a credit of $3.60 (selling a calendar) (100%)
BTC 1 MSFT 28Apr23 285 put (MSFT230428P285)
STC 1 MSFT 16Jun23 280 put (MSFT230616P280) for a credit of $3.60 (selling a diagonal) (100%)
BTC 1 MSFT 28Apr23 287.5 call (MSFT230428C287.5)
STC 1 MSFT 16Jun23 295 call (MSFT230616C295) for a credit of $1.15 (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.
Jon
April 26, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 26, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
With MSFT up 7% in the early going, we are raising delta:
BTC 1 MSFT 28Apr23 267.5 put (MSFT230428P267.5)
STC 1 MSFT 16Jun23 285 put (MSFT230616P285) for a credit of $6.50 (selling a diagonal) (100%)
BTC 1 MSFT 28Apr23 270 put (MSFT230428P270)
STC 1 MSFT 16Jun23 285 put (MSFT230616P285) for a credit of $6.50 (selling a diagonal) (100%)
BTC 1 MSFT 28Apr23 275 call (MSFT230428C275)
STC 1 MSFT 16Jun23 290 call (MSFT230616C290) for a debit of $5.70 (selling a diagonal) (100%)
BTC 1 MSFT 28Apr23 272.5 put (MSFT230428P272.5)
STO 1 MSFT 28Apr23 290 put (MSFT230428P290) for a credit of $1.20 (selling 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
April 25, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 25, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are reducing delta to near neutral:
BTC 1 MSFT 28Apr23 287.5 call (MSFT230428C287.5)
STO 1 MSFT 28Apr23 275 call (MSFT230428C275) for a credit of $4.80 (selling a vertical) (50%)
BTO 1 MSFT 16Jun23 275 call (MSFT230616C275)
STC 1 MSFT 16Jun23 285 call (MSFT230616C285) for a debit of $5.05 (buying a vertical) (50%)
BTC 1 MSFT 28Apr23 285 put (MSFT230428P285)
STO 1 MSFT 28Apr23 270 put (MSFT230428P270) for a debit of $7.75 (buying 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
April 18, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 18, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are adding spreads:
BTO 1 MSFT 16Jun23 300 call (MSFT230616C300)
STO 1 MSFT 28Apr23 302.5 call (MSFT230428C302.5) for a debit of $5.60 (buying a diagonal)
BTO 1 MSFT 16Jun23 275 put (MSFT230616P275)
STO 1 MSFT 28Apr23 272.5 put (MSFT230428P272.5) for a debit of $5.10 (buying a diagonal)
BTO 1 MSFT 16Jun23 285 put (MSFT230616P285)
STO 1 MSFT 28Apr23 285 put (MSFT230428P285) for a debit of $5.00 (buying a calendar)
BTO 1 MSFT 16Jun23 285 call (MSFT230616C285)
STO 1 MSFT 28Apr23 287.5 call (MSFT230428C287.5) for a debit of $7.65 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
April 13, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
April 13, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing two put spreads to raise delta:
BTC 1 MSFT 14Apr23 270 put (MSFT230414P270)
STC 1 MSFT 19May23 270 put (MSFT230519P270) for a credit of $4.05 (selling a calendar) (100%)
BTC 1 MSFT 14Apr23 275 put (MSFT230414P275)
STC 1 MSFT 19May23 275 put (MSFT230519P275) for a credit of $5.20 (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
March 14, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
March 14, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising delta:
BTC 1 MSFT 17Mar23 240 put (MSFT230317P240)
STC 1 MSFT 21Apr23 240 put (MSFT230421P240) for a credit of $2.85 (selling a calendar) (100%)
BTC 1 MSFT 17Mar23 240 put (MSFT230317P240)
STC 1 MSFT 19May23 240 put (MSFT230519P240) for a credit of $5.50 (selling a calendar) (100%)
BTC 1 MSFT 17Mar23 250 call (MSFT230317C250)
STO 1 MSFT 17Mar23 262.5 call (MSFT230317C262.5) for a debit of $8.50 (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.
Jon
March 1, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
March 1, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are reducing delta and increasing theta:
BTC 1 MSFT 17Mar23 265 call (MSFT230317C265)
STO 1 MSFT 17Mar23 255 call (MSFT230317C255) for a credit of $2.20 (selling a vertical) (50%)
BTC 1 MSFT 17Mar23 275 call (MSFT230317C275)
STO 1 MSFT 17Mar23 250 call (MSFT230317C250) for a credit of $5.00 (selling a vertical) (100%)
BTO 1 MSFT 21Apr23 250 call (MSFT230421C250)
STC 1 MSFT 21Apr23 260 call (MSFT230421C260) for a debit of $4.40 (buying a vertical) (50%)
BTC 1 MSFT 17Mar23 260 put (MSFT230317P260)
STO 1 MSFT 17Mar23 235 put (MSFT230317P235) for a debit of $11.65 (buying a vertical) (100%)
BTO 1 MSFT 21Apr23 250 put (MSFT230421P250) STC 1 MSFT 21Apr23 270 put (MSFT230421P270) for a credit of $12.80 (selling 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
February 17, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
February 17, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out and adding a spread :
BTC 1 MSFT 17Feb23 270 call (MSFT230217C270)
STO 1 MSFT 17Mar23 260 call (MSFT230317C260) for a credit of $7.60 (selling a diagonal) (100%)
BTO 1 MSFT 21Apr23 260 put (MSFT230421P260) STO 1 MSFT 17Mar23 250 put (MSFT230317P250) for a debit of $7.35 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
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
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