December 16, 2022 Terry’s Tips Trade Alert #2 – Wiley Wolf  Portfolio

December 16, 2022 Terry’s Tips Trade Alert #2 – Wiley Wolf  Portfolio

We are rolling out and adding spreads:  


BTO 1 MSFT 17Mar23 250 call (MSFT230317C250)
STO 1 MSFT 20Jan23 250 call (MSFT230120C250) for a debit of $7.30 (buy a calendar)

BTO 1 MSFT 17Mar23 255 call (MSFT230317C255)
STO 1 MSFT 20Jan23 255 call (MSFT230120C255) for a debit of $7.00 (buy a calendar)

BTO 1 MSFT 17Mar23 260 call (MSFT230317C260)
STO 1 MSFT 20Jan23 260 call (MSFT230120C260) for a debit of $6.45 (buy a calendar)

BTO 1 MSFT 17Mar23 245 call (MSFT230317C245)
STC 1 MSFT 17Feb23 255 call (MSFT230217C255) for a debit of $7.50 (buying a diagonal) (100%)

BTO 1 MSFT 17Mar23 240 put (MSFT230317P240)
STO 1 MSFT 20Jan23 240 put (MSFT230120P240) for a debit of $6.25 (buy a calendar)

BTO 1 MSFT 17Mar23 235 put (MSFT230317P235)
STO 1 MSFT 20Jan23 235 put (MSFT230120P235) for a debit of $6.00 (buy a calendar)

BTO 1 MSFT 17Mar23 230 put (MSFT230317P230)
STO 1 MSFT 20Jan23 230 put (MSFT230120P230) for a debit of $5.65 (buy a calendar)

BTC 1 MSFT 16Dec22 245 call (MSFT221216C245)
STO 1 MSFT 20Jan23 245 call (MSFT230120C245) for a credit of $8.75 (selling a calendar) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry