August 15, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are reducing delta:
BTC 1 IWM 25Aug23 193 call (IWM230825C193)
STO 1 IWM 25Aug23 188 call (IWM230825C188) for a credit of $2.05 (selling a vertical) (50%)
BTC 1 IWM 25Aug23 195 put (IWM230825P195)
STO 1 IWM 25Aug23 185 put (IWM230825P185) for a debit of $5.60 (buying a vertical) (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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