November 18, 2022 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio
This completes rolling out:
BTC 1 MSFT 18Nov22 235 put (MSFT221118P235)
STO 1 MSFT 16Dec22 220 put (MSFT221216P220) for a credit of $2.10 (selling a diagonal) (100%)
BTC 1 MSFT 18Nov22 240 put (MSFT221118P240)
STO 1 MSFT 16Dec22 225 put (MSFT221216P225) for a credit of $2.05 (selling a diagonal) (100%)
BTC 1 MSFT 18Nov22 242.5 call (MSFT221118C242.5)
STO 1 MSFT 16Dec22 255 call (MSFT221216C255) for a credit of $2.35 (selling a diagonal) (100%)
BTO 1 MSFT 17Feb23 255 call (MSFT230217C255)
STO 1 MSFT 16Dec22 260 call (MSFT221216C260) for a debit of $7.60 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
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