January 31, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing spreads to lower delta:
BTC 1 MSFT 2Feb24 425 call (MSFT240202C425)
STC 1 MSFT 15Mar24 415 call (MSFT240315C415) for a credit of $6.90 (selling a diagonal) (100%)
BTC 1 MSFT 2Feb24 420 call (MSFT240202C420)
STC 1 MSFT 15Mar24 420 call (MSFT240315C420) for a credit of $5.15 (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.
Jon
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube