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
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