April 22, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We will start rolling out to next week to raise delta, theta and cash:

BTC 1 MSFT 23Apr21 252.5 put (MSFT210423P252.5)
STO 1 MSFT 30Apr21 257.5 put (MSFT210430P257.5) for a credit of $3.55 (selling a diagonal) (100%)

BTC 1 MSFT 23Apr21 255 put (MSFT210423P255)
STO 1 MSFT 30Apr21 255 put (MSFT210430P255) for a credit of $2.65 (selling a calendar) (100%)

BTC 1 MSFT 23Apr21 265 call (MSFT210423C265)
STO 1 MSFT 30Apr21 267.5 call (MSFT210430C267.5) for a credit of $2.15 (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.

Terry