August 25, 2023 Terry’s Tips Trade Alert #3 – Boomer’s Revenge Portfolio
This completes rolling out:
BTC 2 IWM 25Aug23 183 put (IWM230825P183)
STO 2 IWM 08Sep23 187 put (IWM230908P187) for a credit of $3.50 (selling a diagonal) (66%)
BTC 1 IWM 25Aug23 183 put (IWM230825P183)
STO 1 IWM 08Sep23 189 put (IWM230908P189) for a credit of $4.80 (selling a diagonal) (100%)
BTC 1 IWM 25Aug23 184 call (IWM230825C184)
STO 1 IWM 08Sep23 189 call (IWM230908C189) for a credit of $0.10 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more 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