Category Archives: Wiley Wolf
July 13, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
July 13, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out two weeks into MSFT’s earnings week to collect more premium:
BTC 1 MSFT 14Jul23 330 put (MSFT230714P330)
STO 1 MSFT 28Jul23 340 put (MSFT230728P340) for a credit of $9.15 (selling a diagonal) (50%)
BTC 1 MSFT 14Jul23 330 put (MSFT230714P330)
STO 1 MSFT 28Jul23 335 put (MSFT230728P335) for a credit of $7.00 (selling a diagonal) (100%)
BTO 1 MSFT 15Sep23 340 put (MSFT230915P340)
STC 1 MSFT 15Sep23 325 put (MSFT230915P325) for a debit of $5.60 (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
July 12, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
July 12, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are increasing delta and theta:
BTC 2 MSFT 14Jul23 325 put (MSFT230714P325)
STO 2 MSFT 14Jul23 340 put (MSFT230714P340) for a credit of $2.60 (selling a vertical) (100%)
BTC 1 MSFT 14Jul23 335 call (MSFT230714C335)
STO 1 MSFT 14Jul23 340 call (MSFT230714C340) for a debit of $3.25 (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
July 10, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
July 10, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are reducing delta:
BTC 1 MSFT 14Jul23 355 call (MSFT230714C355)
STO 1 MSFT 14Jul23 335 call (MSFT230714C335)
BTO 1 MSFT 15Sep23 335 call (MSFT230915C335)
STC 1 MSFT 15Sep23 355 call (MSFT230915C355) for a debit of $5.60 (selling a vertical roll)
BTC 1 MSFT 14Jul23 340 put (MSFT230714P340)
STO 1 MSFT 14Jul23 325 put (MSFT230714P325) for a debit of $8.80 (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
June 16, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
June 16, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing call spreads and opening put spreads:
BTC 1 MSFT 16Jun23 340 call (MSFT230616C340)
STC 1 MSFT 21Jul23 335 call (MSFT230721C335) for a credit of $11.20 (selling a diagonal) (100%)
BTC 2 MSFT 16Jun23 342.5 call (MSFT230616C342.5)
STC 2 MSFT 21Jul23 330 call (MSFT230721C330) for a credit of $17.30 (selling a diagonal) (100%)
BTO 1 MSFT 15Sep23 345 put (MSFT230915P345)
STO 1 MSFT 14Jul23 345 put (MSFT230714P345) for a debit of $7.55 (buying a calendar)
BTO 1 MSFT 15Sep23 340 put (MSFT230915P340)
STO 1 MSFT 14Jul23 340 put (MSFT230714P340) for a debit of $7.45 (buying a calendar)
BTO 1 MSFT 15Sep23 335 put (MSFT230915P335)
STO 1 MSFT 14Jul23 335 put (MSFT230714P335) for a debit of $7.10 (buying a calendar)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
June 15, 2023 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
June 15, 2023 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
We continue trimming spreads and raising delta:
BTC 3 MSFT 16Jun23 330 put (MSFT230616P330)
STC 3 MSFT 21Jul23 330 put (MSFT230721P330) for a credit of $3.35 (selling a calendar) (100%)
BTC 1 MSFT 16Jun23 337.5 call (MSFT230616C337.5)
STO 1 MSFT 16Jun23 347.5 call (MSFT230616C347.5) for a debit of $6.95 (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
June 15, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
June 15, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are trimming spreads and raising delta:
BTC 2 MSFT 16Jun23 325 put (MSFT230616P325)
STC 2 MSFT 21Jul23 325 put (MSFT230721P325) for a credit of $2.90 (selling a calendar) (100%)
BTC 2 MSFT 16Jun23 335 call (MSFT230616C335)
STO 2 MSFT 16Jun23 342.5 call (MSFT230616C342.5) for a debit of $5.80 (buying a vertical) (66%)
BTO 2 MSFT 18Aug23 340 call (MSFT230818C340)
STC 2 MSFT 21Jul23 325 call (MSFT230721C325) for a credit of $5.25 (buying a diagonal) (100%)
BTC 1 MSFT 16Jun23 335 call (MSFT230616C335)
STO 1 MSFT 16Jun23 345 call (MSFT230616C345) 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.
Jon
June 12, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
June 12, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising delta:
BTC 1 MSFT 16Jun23 322.5 call (MSFT230616C322.5)
STO 1 MSFT 16Jun23 335 call (MSFT230616C335) for a debit of $7.75 (buying a vertical) (100%)
BTC 1 MSFT 16Jun23 320 put (MSFT230616P320)
STO 1 MSFT 16Jun23 335 put (MSFT230616P335) for a credit of $5.00 (selling a vertical) (33%)
BTO 1 MSFT 21Jul23 335 put (MSFT230721P335)
STC 1 MSFT 21Jul23 320 put (MSFT230721P320) for a debit of $5.65 (buying a vertical) (33%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
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
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