February 1, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We can add two spreads with our excess cash:

BTO 1 MSFT 16Apr21 225 put (MSFT210416P225) 
STO 1 MSFT 26Feb21 225 put (MSFT210226P225) for a debit of $5.45 (buying a calendar)

BTO 1 MSFT 16Apr21 230 put (MSFT210416P230) 
STO 1 MSFT 26Feb21 232.5 put (MSFT210226P232.5) for a debit of $4.70 (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