April 13, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are adding spreads to raise delta:

BTO 1 MSFT 18Jun21 260 put (MSFT210618P260)
STO 1 MSFT 16Apr21 260 put (MSFT210416P260) for a debit of $8.20 (buying a calendar)

BTO 1 MSFT 18Jun21 265 call (MSFT210618C265)
STO 1 MSFT 16Apr21 265 call (MSFT210416C265) for a debit of $6.85 (buying a diagonal)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry