April 26, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We continue using our cash by buying call spreads ahead of earnings:

BTO 1 MSFT 18Jun21 275 call (MSFT210618C275)
STO 1 MSFT 30Apr21 272.5 call (MSFT210430C272.5) for a debit of $2.85 (buying a diagonal)

BTO 2 MSFT 18Jun21 265 calls (MSFT210618C265)
STO 2 MSFT 30Apr21 260 calls (MSFT210430C260) for a debit of $2.00 (buying a diagonal)

BTO 1 MSFT 18Jun21 265 call (MSFT210618C265)
STO 1 MSFT 30Apr21 265 call (MSFT210430C265) for a debit of $4.45 (buying a calendar)

BTO 1 MSFT 18Jun21 270 call (MSFT210618C270)
STO 1 MSFT 30Apr21 267.5 call (MSFT210430C267.5) for a debit of $3.35 (buying a diagonal)

BTO 1 MSFT 18Jun21 275 call (MSFT210618C275)
STO 1 MSFT 30Apr21 270 call (MSFT210430C270) for a debit of $2.45 (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