March 18, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing spreads to lower delta:
BTC 1 MSFT 21Mar25 415 call (MSFT250321C415)
STC 1 MSFT 17Apr25 415 call (MSFT250417C415) for a credit of $1.55 (selling a calendar)
BTC 1 MSFT 21Mar25 405 call (MSFT250321C405)
STC 1 MSFT 17Apr25 405 call (MSFT250417C405) for a credit of $3.25 (selling a calendar)
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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