February 17, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out and adding a spread :
BTC 1 MSFT 17Feb23 270 call (MSFT230217C270)
STO 1 MSFT 17Mar23 260 call (MSFT230317C260) for a credit of $7.60 (selling a diagonal) (100%)
BTO 1 MSFT 21Apr23 260 put (MSFT230421P260) STO 1 MSFT 17Mar23 250 put (MSFT230317P250) for a debit of $7.35 (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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