June 9, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

We are raising delta and adding a spread:

BTC 1 MSFT 25Jun21 240 put (MSFT210625P240)
STO 1 MSFT 25Jun21 255 put (MSFT210625P255) for a credit of $3.35 (selling a vertical) (100%)

BTO 1 MSFT 17Sep21 265 call (MSFT210917C265)
STO 1 MSFT 25Jun21 262.5 call (MSFT210625C262.5) for a debit of $5.90 (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