March 15, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out and adding spreads:
BTO 1 MSFT 21Jun24 415 put (MSFT240621P415)
STO 1 MSFT 19Apr24 415 put (MSFT240419P415) for a debit of $8.75 (buying a calendar)
BTO 1 MSFT 21Jun24 410 put (MSFT240621P410)
STO 1 MSFT 19Apr24 410 put (MSFT240419P410) for a debit of $8.65 (buying a calendar)
BTC 1 MSFT 15Mar24 425 call (MSFT240315C425)
STO 1 MSFT 19Apr24 425 call (MSFT240419C425) for a credit of $8.05 (selling a calendar) (100%)
BTO 1 MSFT 21Jun24 420 call (MSFT240621C420)
STC 1 MSFT 19Apr24 410 call (MSFT240419C410) for a debit of $6.10 (buying a diagonal) (100%)
BTO 1 MSFT 21Jun24 430 call (MSFT240621C430)
STC 1 MSFT 19Apr24 405 call (MSFT240419C405) for a credit of $1.85 (buying a diagonal) (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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