May 8, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are adding spreads:
BTO 1 MSFT 21Jun24 420 call (MSFT240621C420)
STO 1 MSFT 17May24 420 call (MSFT240517C420) for a debit of $6.40 (buying a calendar)
BTO 1 MSFT 21Jun24 425 call (MSFT240621C425)
STO 1 MSFT 17May24 425 call (MSFT240517C425) for a debit of $5.50 (buying a calendar)
BTO 1 MSFT 21Jun24 410 put (MSFT240621P410)
STO 1 MSFT 17May24 410 put (MSFT240517P410) for a debit of $5.15 (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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