October 13, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are selling a put spread to raise delta:
BTC 1 MSFT 21Oct22 215 put (MSFT221021P215)
STC 1 MSFT 18Nov22 245 put (MSFT221118P245) for a credit of $16.15 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.