April 20, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are closing call spreads to lower delta:
BTC 2 IWM 21Apr23 182 call (IWM230421C182)
STC 2 IWM 19May23 175 call (IWM230519C175) for a credit of $5.30 (selling a diagonal) (100%)
BTC 1 IWM 21Apr23 180 call (IWM230421C180)
STC 1 IWM 19May23 178 call (IWM230519C178) for a credit of $3.40 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading.
Jon
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