October 7, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering strikes to reduce delta and increase theta:
BTC 3 IWM 10Oct25 252 call (IWM251010C252)
STO 3 IWM 10Oct25 247 call (IWM251010C247) for a credit of $1.00 (buying a vertical)
BTC 3 IWM 10Oct25 249 put (IWM251010P249)
STO 3 IWM 10Oct25 246 put (IWM251010P246) for a debit of $2.00 (buying a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube