May 1, 2025 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio

May 1, 2025 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio


We are closing and opening spreads:


BTC 1 MSFT 02May25 410 call (MSFT250502C410)
STC 1 MSFT 20Jun25 410 call (MSFT250620C410) for a credit of $8.15 (selling a calendar)  

BTC 1 MSFT 02May25 415 call (MSFT250502C415)
STC 1 MSFT 20Jun25 410 call (MSFT250620C410) for a credit of $13.00 (selling a diagonal)  

BTO 1 MSFT 20Jun25 430 call (MSFT250620C430)
STO 1 MSFT 02May25 430 call (MSFT250502C430) for a debit of $11.90 (buying a calendar)  

BTO 1 MSFT 20Jun25 435 call (MSFT250620C435)
STO 1 MSFT 02May25 435 call (MSFT250502C435) for a debit of $11.60 (buying a calendar)  

BTO 1 MSFT 20Jun25 425 put (MSFT250620P425)
STO 1 MSFT 02May25 425 put (MSFT250502P425) for a debit of $9.85 (buying a calendar)  


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Jon