August 30, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are adding spreads:
BTO 1 MSFT 18Oct24 425 put (MSFT241018P425)
STO 1 MSFT 20Sep24 420 put (MSFT240920P420) for a debit of $6.45 (buying a diagonal)
BTO 1 MSFT 18Oct24 420 put (MSFT241018P420)
STO 1 MSFT 20Sep24 415 put (MSFT240920P415) for a debit of $6.25 (buying a diagonal)
BTO 1 MSFT 18Oct24 410 put (MSFT241018P410)
STO 1 MSFT 20Sep24 410 put (MSFT240920P410) for a debit of $3.75 (buying a calendar)
BTO 1 MSFT 18Oct24 425 call (MSFT241018C425)
STO 1 MSFT 20Sep24 425 call (MSFT240920C425) for a debit of $4.95 (buying a calendar)
BTO 1 MSFT 18Oct24 405 put (MSFT241018P405)
STO 1 MSFT 20Sep24 405 put (MSFT240920P405) for a debit of $3.55 (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
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