January 20, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to raise delta:
BTC 1 MSFT 20Jan23 230 put (MSFT230120P230)
STO 1 MSFT 27Jan23 230 put (MSFT230127P230) for a credit of $3.45 (selling a calendar) (100%)
BTC 1 MSFT 20Jan23 225 put (MSFT230120P225)
STO 1 MSFT 27Jan23 225 put (MSFT230127P225) for a credit of $2.10 (selling a calendar) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.