November 18, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out shorts with little extrinsic value:
BTC 1 MSFT 18Nov22 230 put (MSFT221118P230)
STO 1 MSFT 16Dec22 230 put (MSFT221216P230) for a credit of $4.10 (selling a calendar) (100%)
BTC 1 MSFT 18Nov22 247.5 call (MSFT221118C247.5)
STO 1 MSFT 16Dec22 245 call (MSFT221216C245) for a credit of $6.25 (selling a diagonal) (100%)
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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