Author Archives: Jon Lewis
January 31, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
January 31, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are adding spreads to raise delta:
BTO 1 IWM 21Apr23 195 call (IWM230421C195)
STO 1 IWM 10Feb23 199 call (IWM230210C199) for a debit of $5.40 (buying a diagonal)
BTO 1 IWM 21Apr23 190 call (IWM230421C190)
STO 1 IWM 10Feb23 193 call (IWM230210C193) for a debit of $6.55 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading.
Jon
January 27, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
January 27, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out to raise delta:
BTC 1 IWM 27Jan23 186 call (IWM230127C186)
STO 1 IWM 10Feb23 191 call (IWM230210C191) for a debit of $1.00 (selling a diagonal) (100%)
BTC 1 IWM 27Jan23 185 put (IWM230127P185)
STO 1 IWM 10Feb23 190 put (IWM230210P190) for a credit of $3.15 (selling a diagonal) (100%)
BTC 1 IWM 27Jan23 186 put (IWM230127P186)
STO 1 IWM 10Feb23 186 put (IWM230210P186) for a credit of $1.65 (selling a calendar) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading.
Jon
January 26, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 26, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
We will begin rolling out short positions three weeks:
January 26, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
January 26, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out to raise delta and theta:
BTC 1 IWM 27Jan23 180 put (IWM230127P180)
STO 1 IWM 10Feb23 186 put (IWM230210P186) for a credit of $2.65 (selling a diagonal) (100%)
BTC 1 IWM 27Jan23 182 put (IWM230127P182)
STO 1 IWM 10Feb23 188 put (IWM230210P188) for a credit of $3.50 (selling a diagonal) (100%)
BTO 1 IWM 17Mar23 190 put (IWM230317P190)
STC 1 IWM 17Mar23 178 put (IWM230317P178) for a debit of $4.15 (buying a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading.
Jon
January 25, 2023 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
January 25, 2023 Terry’s Tips Trade Alert #2 – Wiley Wolf Portfolio
With MSFT cutting losses by more than half, we are lowering long strikes to increase delta:
BTO 1 MSFT 17Mar23 235 call (MSFT230317C235)
STC 1 MSFT 17Mar23 255 call (MSFT230317C255) for a debit of $8.70 (buy a vertical) (100%)
BTO 1 MSFT 17Mar23 225 put (MSFT230317P225)
STC 1 MSFT 17Mar23 240 put (MSFT230317P240) for a credit of $5.20 (sell a vertical) (50%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 20, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 20, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
We are reducing delta:
BTO 2 TLT 17Mar23 105 put (TLT230317P105)
STC 2 TLT 17Mar23 99 put (TLT230317P99) for a debit of $1.60 (buying a vertical) (50%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 20, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
January 20, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to raise delta:
BTC 1 MSFT 20Jan23 230 put (MSFT230120P230)
STO 1 MSFT 27Jan23 230 put (MSFT230127P230) for a credit of $3.45 (selling a calendar) (100%)
BTC 1 MSFT 20Jan23 225 put (MSFT230120P225)
STO 1 MSFT 27Jan23 225 put (MSFT230127P225) for a credit of $2.10 (selling a calendar) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 19, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
January 19, 2023 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling out to lower delta:
BTC 1 MSFT 20Jan23 245 call (MSFT230120C245)
STO 1 MSFT 27Jan23 232.5 call (MSFT230127C232.5) for a credit of $5.90 (selling a diagonal) (100%)
BTC 1 MSFT 20Jan23 242.5 call (MSFT230120C242.5)
STO 1 MSFT 27Jan23 237.5 call (MSFT230127C237.5) for a credit of $3.65 (selling a diagonal) (100%)
BTO 1 MSFT 17Mar23 235 call (MSFT230317C235)
STC 1 MSFT 17Mar23 245 call (MSFT230317C245) for a debit of $4.15 (buy a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
January 19, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
January 19, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering delta:
BTC 1 IWM 27Jan23 187 put (IWM230127P187)
STO 1 IWM 27Jan23 180 put (IWM230127P180) for a debit of $3.85 (buying a vertical) (50%)
BTC 1 IWM 27Jan23 187 put (IWM230127P187)
STO 1 IWM 27Jan23 178 put (IWM230127P178) for a debit of $4.40 (buying a vertical) (100%)
BTC 1 IWM 27Jan23 190 call (IWM230127C190)
STO 1 IWM 27Jan23 183 call (IWM230127C183) for a credit of $1.85 (selling a vertical) (50%)
BTO 1 IWM 17Mar23 182 call (IWM230317C182)
STC 1 IWM 17Mar23 192 call (IWM230317C192) for a debit of $4.65 (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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