March 14, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising delta:
BTC 1 MSFT 17Mar23 240 put (MSFT230317P240)
STC 1 MSFT 21Apr23 240 put (MSFT230421P240) for a credit of $2.85 (selling a calendar) (100%)
BTC 1 MSFT 17Mar23 240 put (MSFT230317P240)
STC 1 MSFT 19May23 240 put (MSFT230519P240) for a credit of $5.50 (selling a calendar) (100%)
BTC 1 MSFT 17Mar23 250 call (MSFT230317C250)
STO 1 MSFT 17Mar23 262.5 call (MSFT230317C262.5) for a debit of $8.50 (buying 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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