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.