August 29, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are quickly reducing delta by buying to close the highest-strike short put. We’ll replace it at a lower strike later today:
BTC 1 IWM 02Sep22 194 put (IWM220902P194) for a debit of $7.15 (buying a single) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.