October 22, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are opening call spreads to raise delta:
BTO 2 MSFT 29Nov24 440 call (MSFT241129C440)
STO 2 MSFT 01Nov24 440 call (MSFT241101C440) for a debit of $4.10 (buying a calendar)
BTO 2 MSFT 29Nov24 445 call (MSFT241129C445)
STO 2 MSFT 01Nov24 445 call (MSFT241101C445) for a debit of $3.80 (buying a calendar)
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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