April 15, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We will start rolling out to next week to raise delta:

BTC 1 MSFT 16Apr21 250 put (MSFT210416P250)
STO 1 MSFT 23Apr21 257.5 put (MSFT210423P257.5) for a credit of $2.20 (selling a diagonal) (100%)

BTC 1 MSFT 16Apr21 252.5 put (MSFT210416P252.5)
STO 1 MSFT 23Apr21 260 put (MSFT210423P260) for a credit of $3.30 (selling a diagonal) (100%)

BTO 1 MSFT 18Jun21 265 put (MSFT210618P265)
STC 1 MSFT 18Jun21 250 put (MSFT210618P250) for a debit of $6.95 (buying a vertical) (50%)


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

Happy trading.

Terry