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

We are adding spreads ahead of earnings:

BTO 1 MSFT 17Sep21 285 put (MSFT210917P285)
STO 1 MSFT 30Jul21 287.5 put (MSFT210730P287.5) for a debit of $3.70 (buying a diagonal)

BTO 1 MSFT 17Sep21 290 call (MSFT210917C290)
STO 1 MSFT 30Jul21 285 call (MSFT210730C285) for a debit of $1.75 (buying a diagonal)

BTO 1 MSFT 17Sep21 300 call (MSFT210917C300)
STO 1 MSFT 30Jul21 292.5 call (MSFT210730C292.5) for a debit of $1.45 (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