September 14, 2022 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We will start rolling out to lower delta:
BTC 1 MSFT 16Sep22 267.5 call (MSFT220916C267.5)
STO 1 MSFT 21Oct22 255 call (MSFT221021C255) for a credit of $8.05 (selling a diagonal) (100%)
BTO 1 MSFT 18Nov22 250 call (MSFT221118C250)
STC 1 MSFT 18Nov22 270 call (MSFT221118C270) for a debit of $8.90 (buying a vertical) (100%)
BTC 1 MSFT 16Sep22 265 call (MSFT220916C265)
STO 1 MSFT 21Oct22 260 call (MSFT221021C260) for a credit of $5.80 (selling a diagonal) (100%)
BTO 1 MSFT 18Nov22 255 call (MSFT221118C255)
STC 1 MSFT 18Nov22 265 call (MSFT221118C265) for a debit of $4.40 (buying a vertical) (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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