May 14, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing spreads to raise delta:
BTC 1 MSFT 16May25 435 put (MSFT250516P435)
STC 1 MSFT 20Jun25 435 put (MSFT250620P435) for a credit of $4.70 (selling a calendar)
BTC 1 MSFT 16May25 445 call (MSFT250516C445)
STC 1 MSFT 20Jun25 455 call (MSFT250620C455) for a credit of $2.35 (selling a diagonal)
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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