August 22, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing a spread and rolling out:
BTC 1 MSFT 23Aug24 415 put (MSFT240823P415)
STC 1 MSFT 20Sep24 415 put (MSFT240920P415) for a credit of $4.55 (selling a calendar) (100%)
BTC 1 MSFT 23Aug24 417.5 put (MSFT240823P417.5)
STO 1 MSFT 20Sep24 425 put (MSFT240920P425) for a credit of $7.90 (selling a diagonal) (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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