May 15, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out a put spread:
BTC 1 MSFT 16May25 447.5 put (MSFT250516P447.5)
STO 1 MSFT 20Jun25 445 put (MSFT250620P445) for a credit of $6.55 (selling a diagonal)
BTO 1 MSFT 18Jul25 455 put (MSFT250718P455)
STC 1 MSFT 20Jun25 450 put (MSFT250620P450) for a debit of $5.70 (buying 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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