October 9, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing two put spreads and opening two call spreads to raise delta:
BTC 2 MSFT 18Oct24 395 put (MSFT241018P395)
STC 2 MSFT 15Nov24 395 put (MSFT241115P395) for a credit of $5.60 (selling a calendar) (100%)
BTO 2 MSFT 15Nov24 430 call (MSFT241115C430)
STO 2 MSFT 18Oct24 430 call (MSFT241018C430) for a debit of $8.80 (buying a calendar) (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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