January 19, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to lower delta:
BTC 1 MSFT 20Jan23 245 call (MSFT230120C245)
STO 1 MSFT 27Jan23 232.5 call (MSFT230127C232.5) for a credit of $5.90 (selling a diagonal) (100%)
BTC 1 MSFT 20Jan23 242.5 call (MSFT230120C242.5)
STO 1 MSFT 27Jan23 237.5 call (MSFT230127C237.5) for a credit of $3.65 (selling a diagonal) (100%)
BTO 1 MSFT 17Mar23 235 call (MSFT230317C235)
STC 1 MSFT 17Mar23 245 call (MSFT230317C245) for a debit of $4.15 (buy a vertical) (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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