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

We can add spreads ahead of earnings tomorrow with our ample cash supply. We’ll start on the put side:

BTO 1 MSFT 18Jun21 245 put (MSFT210618P245)
STO 1 MSFT 30Apr21 247.5 put (MSFT210430P247.5) for a debit of $3.00 (buying a diagonal)

BTO 1 MSFT 18Jun21 260 put (MSFT210618P260)
STO 1 MSFT 30Apr21 262.5 put (MSFT210430P262.5) for a debit of $3.70 (buying a diagonal)

BTO 1 MSFT 18Jun21 255 put (MSFT210618P255)
STO 1 MSFT 30Apr21 260 put (MSFT210430P260) for a debit of $2.85 (buying a diagonal)

BTO 1 MSFT 18Jun21 255 put (MSFT210618P255)
STO 1 MSFT 30Apr21 257.5 put (MSFT210430P257.5) for a debit of $3.80 (buying a diagonal)

BTO 1 MSFT 18Jun21 255 put (MSFT210618P255)
STO 1 MSFT 30Apr21 255 put (MSFT210430P255) for a debit of $4.60 (buying a calendar)


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

Happy trading.

Terry