April 16, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out a short call and opening a call spread to lower delta:
BTC 1 MSFT 17Apr25 395 call (MSFT250417C395)
STO 1 MSFT 02May25 390 call (MSFT250502C390) for a credit of $7.05 (selling a diagonal)
BTO 1 MSFT 20Jun25 390 call (MSFT250620C390)
STO 1 MSFT 02May25 380 call (MSFT250502C380) for a debit of $2.55 (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
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