September 20, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are lowering delta:
BTC 1 MSFT 13Oct23 350 call (MSFT231013C350)
STO 1 MSFT 13Oct23 335 call (MSFT231013C335) for a credit of $2.15 (buying a vertical) (100%)
BTC 2 MSFT 13Oct23 335 put (MSFT231013P335)
STO 2 MSFT 13Oct23 310 put (MSFT231013P310)
BTO 2 MSFT 17Nov23 310 put (MSFT231117P310)
STC 2 MSFT 17Nov23 335 put (MSFT231117P335) for a debit of $0.20 (selling a vertical roll) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube