August 20, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing put spreads to raise delta:
BTC 1 MSFT 23Aug24 400 put (MSFT240823P400)
STC 1 MSFT 20Sep24 400 put (MSFT240920P400) for a credit of $2.25 (selling a calendar) (100%)
BTC 1 MSFT 23Aug24 405 put (MSFT240823P405)
STC 1 MSFT 20Sep24 405 put (MSFT240920P405) for a credit of $3.00 (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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