Author Archives: Jon Lewis

June 24, 2022 Terry’s Tips Trade Alert  – Earnings Eagle  Portfolio

June 24, 2022 Terry’s Tips Trade Alert  – Earnings Eagle  Portfolio

We are raising delta:


BTC 1 SPY 01Jul22 365 put (SPY220701P365)
STO 1 SPY 01Jul22 384 put (SPY220701P384) for a credit of $3.50 (selling a vertical) (100%) 

BTO 1 SPY 19Aug22 390 put (SPY220819P390) 
STC 1 SPY 19Aug22 371 put (SPY220819P371) for a debit of $6.90 (buying a vertical) (100%)  

BTC 1 SPY 01Jul22 383 call (SPY220701C383) 
STO 1 SPY 01Jul22 393 call (SPY220701C393) for a debit of $5.05 (buying a vertical) (100%) 


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry

ARCHIVES

Making 36%

Making 36% – A Duffer's Guide to Breaking Par in the Market Every Year in Good Years and Bad

This book may not improve your golf game, but it might change your financial situation so that you will have more time for the greens and fairways (and sometimes the woods).

Learn why Dr. Allen believes that the 10K Strategy is less risky than owning stocks or mutual funds, and why it is especially appropriate for your IRA.

Order Now

Success Stories

I have been trading the equity markets with many different strategies for over 40 years. Terry Allen's strategies have been the most consistent money makers for me. I used them during the 2008 melt-down, to earn over 50% annualized return, while all my neighbors were crying about their losses.

~ John Collins

June 22, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

June 22, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

We are lowering a long put strike and adding a call spread to increase delta: 


BTO 1 IWM 19Aug22 160 put (IWM220819P160) 
STC 1 IWM 19Aug22 180 put (IWM220819P180) for a credit of $9.55 (selling a vertical) (100%)

BTO 1 IWM 19Aug22 156 call (IWM220819C156)
STO 1 IWM 24Jun22 168 call (IWM220624C168) for a debit of $14.80 (buying a diagonal)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry

ARCHIVES

Making 36%

Making 36% – A Duffer's Guide to Breaking Par in the Market Every Year in Good Years and Bad

This book may not improve your golf game, but it might change your financial situation so that you will have more time for the greens and fairways (and sometimes the woods).

Learn why Dr. Allen believes that the 10K Strategy is less risky than owning stocks or mutual funds, and why it is especially appropriate for your IRA.

Order Now

Success Stories

I have been trading the equity markets with many different strategies for over 40 years. Terry Allen's strategies have been the most consistent money makers for me. I used them during the 2008 melt-down, to earn over 50% annualized return, while all my neighbors were crying about their losses.

~ John Collins