October 30, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are closing put spreads and rolling up put strikes to increase delta and theta:
BTC 2 IWM 31Oct25 239 put (IWM251031P239)
STC 2 IWM 21Nov25 240 put (IWM251121P240) for a credit of $2.45 (selling a diagonal)
BTC 1 IWM 31Oct25 242 put (IWM251031P242)
STC 1 IWM 21Nov25 240 put (IWM251121P240) for a credit of $2.25 (selling a diagonal)
BTC 2 IWM 31Oct25 242 put (IWM251031P242)
STO 2 IWM 31Oct25 248 put (IWM251031P248) for a credit of $1.70 (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
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