April 29, 2021 Terry’s Tips Trade Alert #2 - Wiley Wolf Portfolio

We continue rolling out to lower delta:

BTC 2 MSFT 30Apr21 260 puts (MSFT210430P260)
STC 2 MSFT 18Jun21 260 puts (MSFT210618P260) for a credit of $4.40 (selling a calendar) (100%)

BTC 2 MSFT 30Apr21 257.5 puts (MSFT210430P257.5)
STO 2 MSFT 28May21 245 puts (MSFT210528P245) for a debit of $3.20 (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