July 12, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are increasing delta and theta:
BTC 2 MSFT 14Jul23 325 put (MSFT230714P325)
STO 2 MSFT 14Jul23 340 put (MSFT230714P340) for a credit of $2.60 (selling a vertical) (100%)
BTC 1 MSFT 14Jul23 335 call (MSFT230714C335)
STO 1 MSFT 14Jul23 340 call (MSFT230714C340) for a debit of $3.25 (buying a vertical) (100%)
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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