May 16, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing and opening spreads:
BTC 1 MSFT 16May25 455 call (MSFT250516C455)
STC 1 MSFT 20Jun25 445 call (MSFT250620C445) for a credit of $14.90 (selling a diagonal)
BTO 1 MSFT 18Jul25 445 put (MSFT250718P445)
STO 1 MSFT 20Jun25 440 put (MSFT250620P440) for a debit of $5.00 (buying a diagonal)
BTO 1 MSFT 18Jul25 455 call (MSFT250718C455)
STO 1 MSFT 20Jun25 455 call (MSFT250620C455) for a debit of $5.00 (buying a calendar)
BTO 1 MSFT 18Jul25 460 call (MSFT250718C460)
STO 1 MSFT 20Jun25 460 call (MSFT250620C460) for a debit of $4.75 (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
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