April 24, 2020 Terry’s Tips Trade Alert #3 – Wiley Wolf Portfolio

This completes our rollouts to next week:
 
BTC 2 MSFT 24Apr20 172.5 calls (MSFT200424C172.5)
STO 2 MSFT 01May20 172.5 calls (MSFT200501C172.5) for a credit of $4.30 (selling a calendar)

BTC 2 MSFT 24Apr20 172.5 puts (MSFT200424P172.5)
STO 2 MSFT 01May20 167.5 puts (MSFT200501P167.5) for a credit of $2.20 (selling a diagonal)


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

Happy trading.

Terry