September 14, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to raise delta:
BTC 1 MSFT 15Sep23 330 call (MSFT230915C330)
STO 1 MSFT 13Oct23 340 call (MSFT231013C340) for a debit of $1.10 (selling a diagonal) (33%)
BTC 1 MSFT 15Sep23 330 call (MSFT230915C330)
STO 1 MSFT 13Oct23 345 call (MSFT231013C345) for a debit of $3.45 (selling a diagonal) (50%)
BTC 1 MSFT 15Sep23 330 call (MSFT230915C330)
STO 1 MSFT 13Oct23 350 call (MSFT231013C350) for a debit of $5.20 (selling a diagonal) (100%)
BTC 2 MSFT 15Sep23 330 put (MSFT230915P330)
STO 2 MSFT 13Oct23 335 put (MSFT231013P335) for a credit of $5.35 (selling a diagonal) (50%)
BTC 2 MSFT 15Sep23 330 put (MSFT230915P330)
STO 2 MSFT 13Oct23 330 put (MSFT231013P330) for a credit of $3.75 (selling 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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