May 3, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising delta:
BTC 1 MSFT 17May24 380 put (MSFT240517P380)
STO 1 MSFT 17May24 400 put (MSFT240517P400) for a credit of $3.20 (buying a vertical) (100%)
BTC 1 MSFT 17May24 400 call (MSFT240517C400)
STO 1 MSFT 17May24 415 call (MSFT240517C415) for a debit of $7.30 (buying a vertical roll) (100%)
BTC 1 MSFT 17May24 385 put (MSFT240517P385)
STO 1 MSFT 17May24 405 put (MSFT240517P405) for a credit of $4.80 (buying a vertical) (100%)
BTO 1 MSFT 21Jun24 395 put (MSFT240621P395)
STC 1 MSFT 21Jun24 385 put (MSFT240621P385) for a debit of $2.60 (selling a vertical) (100%)
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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