July 19, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
This completes rolling and adds spreads:
BTC 1 MSFT 19Jul24 440 put (MSFT240719P440)
STO 1 MSFT 02Aug24 420 put (MSFT240802P420) for a credit of $1.70 (selling a diagonal) (100%)
BTO 1 MSFT 20Sep24 455 call (MSFT240920C455)
STO 1 MSFT 02Aug24 455 call (MSFT240802C455) for a debit of $6.10 (buying a calendar)
BTO 1 MSFT 20Sep24 460 call (MSFT240920C460)
STO 1 MSFT 02Aug24 460 call (MSFT240802C460) for a debit of $5.55 (buying a calendar)
BTO 1 MSFT 20Sep24 435 put (MSFT240920P435)
STO 1 MSFT 02Aug24 442.5 put (MSFT240802P442.5) for a debit of $0.85 (buying a diagonal)
BTO 1 MSFT 20Sep24 430 put (MSFT240920P430)
STO 1 MSFT 02Aug24 437.5 put (MSFT240802P437.5) for a debit of $1.35 (buying a diagonal)
BTO 1 MSFT 20Sep24 425 put (MSFT240920P425)
STO 1 MSFT 02Aug24 432.5 put (MSFT240802P432.5) for a debit of $1.75 (buying a diagonal)
BTO 1 MSFT 20Sep24 420 put (MSFT240920P420)
STC 1 MSFT 20Sep24 460 put (MSFT240920P460) for a credit of $20.40 (selling 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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