May 29, 2020 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

We need to roll out some short calls to the June 26 expiration:
 
BTC 3 MSFT 29May20 180 calls (MSFT200529C180)
STO 3 MSFT 26Jun20 185 calls (MSFT200626C185) for a credit of $1.75 (selling a diagonal)

BTC 2 MSFT 29May20 180 calls (MSFT200529C180)
STO 2 MSFT 26Jun20 187.5 calls (MSFT200626C187.5) for a credit of $0.70 (selling a diagonal)


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

Happy trading.

Terry