June 13, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising delta, starting with calls:
BTC 1 MSFT 21Jun24 430 call (MSFT240621C430)
STO 1 MSFT 21Jun24 445 call (MSFT240621C445) for a debit of $9.80 (buying a vertical) (50%)
BTO 1 MSFT 19Jul24 440 call (MSFT240719C440)
STC 1 MSFT 19Jul24 420 call (MSFT240719C420) for a credit of $14.35 (selling a vertical) (100%)
BTC 1 MSFT 21Jun24 430 call (MSFT240621C430)
STO 1 MSFT 21Jun24 450 call (MSFT240621C450) for a debit of $11.25 (buying a vertical) (100%)
BTO 1 MSFT 19Jul24 445 call (MSFT240719C445)
STC 1 MSFT 19Jul24 425 call (MSFT240719C425) for a credit of $12.90 (selling a vertical) (50%)
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