Author Archives: Jon Lewis

April 24, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

April 24, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are opening a call spread and raising put strikes to increase delta:


BTO 1 MSFT 20Jun25 400 call (MSFT250620C400)
STO 1 MSFT 02May25 400 call (MSFT250502C400) for a debit of $6.50 (buying a calendar)  

BTC 1 MSFT 02May25 335 put (MSFT250502P335)
STC 1 MSFT 20Jun25 335 put (MSFT250620P335) for a credit of $3.35 (selling a calendar)  

BTO 1 MSFT 20Jun25 365 put (MSFT250620P365)
STO 1 MSFT 02May25 385 put (MSFT250502P385) for a credit of $1.35 (buying a diagonal)  


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

Happy trading.

Jon

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

April 22, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio

April 22, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio


We begin rolling out into DIS’s earnings week to raise delta and theta:


BTC 1 DIS 25Apr25 79 put (DIS250425P79)
STO 1 DIS 09May25 85 put (DIS250509P85) for a credit of $3.35 (selling a diagonal)

BTC 1 DIS 25Apr25 90 call (DIS250425C90)
STO 1 DIS 09May25 90 call (DIS250509C90) for a credit of $1.75 (selling a calendar)

BTC 1 DIS 25Apr25 81 put (DIS250425P81)
STO 1 DIS 09May25 87 put (DIS250509P87) for a credit of $4.20 (selling a diagonal)


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

Happy trading.

Jon

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

April 16, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

April 16, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are rolling out a short call and opening a call spread to lower delta:


BTC 1 MSFT 17Apr25 395 call (MSFT250417C395)
STO 1 MSFT 02May25 390 call (MSFT250502C390) for a credit of $7.05 (selling a diagonal)  

BTO 1 MSFT 20Jun25 390 call (MSFT250620C390)
STO 1 MSFT 02May25 380 call (MSFT250502C380) for a debit of $2.55 (buying a diagonal)  


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

Happy trading.

Jon

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

April 14, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

April 14, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are opening a call and put spread:


BTO 1 IWM 15Aug25 190 call (IWM250815C190)
STO 1 IWM 17Apr25 192 call (IWM250417C192) for a debit of $10.90 (buying a diagonal)

BTO 1 IWM 15Aug25 180 put (IWM250815P180)
STO 1 IWM 17Apr25 190 put (IWM250417P190) for a debit of $4.35 (buying a diagonal)


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

Happy trading.

Jon

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

April 11, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

April 11, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are closing two put spreads to decrease exposure:


BTC 1 MSFT 17Apr25 365 put (MSFT250417P365)
STC 1 MSFT 20Jun25 365 put (MSFT250620P365) for a credit of $10.40 (selling a calendar)  

BTC 1 MSFT 17Apr25 370 put (MSFT250417P370)
STC 1 MSFT 20Jun25 370 put (MSFT250620P370) for a credit of $11.30 (selling a calendar)  


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

Happy trading.

Jon

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

April 9, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio

April 9, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio

 
We are closing a spread to reduce exposure and delta: 
 

BTC 1 QQQ 11Apr25 460 put (QQQ250411P460)
STC 1 QQQ 30May25 455 put (QQQ250530P455) for a credit of $2.80 (selling a diagonal)


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

Happy trading,

Jon

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

April 1, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio

April 1, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are closing spreads and rolling out to lower delta:


BTC 1 DIS 04Apr25 101 put (DIS250404P101)
STO 1 DIS 25Apr25 93 put (DIS250425P93) for a debit of $3.00 (selling a diagonal)

BTC 1 DIS 04Apr25 104 call (DIS250404C104)
STC 1 DIS 18Jul25 105 call (DIS250718C105) for a credit of $3.05 (selling a diagonal)

BTC 1 DIS 04Apr25 102 call (DIS250404C102)
STC 1 DIS 18Jul25 105 call (DIS250718C105) for a credit of $3.00 (selling a diagonal)

BTC 1 DIS 04Apr25 102 call (DIS250404C102)
STO 1 DIS 25Apr25 98 call (DIS250425C98) for a credit of $2.25 (selling a diagonal)

BTC 1 DIS 04Apr25 102 call (DIS250404C102)
STO 1 DIS 25Apr25 100 call (DIS250425C100) for a credit of $1.40 (selling a diagonal)


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

Happy trading.

Jon

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

March 27, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

March 27, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We continue rolling out:


BTC 1 IWM 28Mar25 208 call (IWM250328C208)
STO 1 IWM 17Apr25 206 call (IWM250417C206) for a credit of $4.05 (selling a diagonal)

BTC 1 IWM 28Mar25 208 put (IWM250328P208)
STO 1 IWM 17Apr25 207 put (IWM250417P207) for a credit of $2.05 (selling a diagonal)

BTO 1 IWM 16May25 200 call (IWM250516C200)
STC 1 IWM 16May25 215 call (IWM250516C215) for a debit of $7.60 (selling a vertical)


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

Happy trading,

Jon

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

March 26, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

March 26, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are rolling out low-extrinsic short positions by 3 weeks:


BTC 1 IWM 28Mar25 197 put (IWM250328P197)
STO 1 IWM 17Apr25 200 put (IWM250417P200) for a credit of $1.85 (selling a diagonal)

BTC 1 IWM 28Mar25 214 call (IWM250328C214)
STO 1 IWM 17Apr25 214 call (IWM250417C214) for a credit of $1.80 (selling a calendar)

BTC 1 IWM 28Mar25 198 put (IWM250328P198)
STO 1 IWM 17Apr25 198 put (IWM250417P198) for a credit of $1.45 (selling a calendar)

BTC 1 IWM 28Mar25 201 put (IWM250328P201)
STO 1 IWM 17Apr25 202 put (IWM250417P202) for a credit of $2.25 (selling a diagonal)

BTC 1 IWM 28Mar25 201 put (IWM250328P201)
STO 1 IWM 17Apr25 204 put (IWM250417P204) for a credit of $2.85 (selling a diagonal)

BTO 1 IWM 16May25 215 put (IWM250516P215)
STC 1 IWM 16May25 195 put (IWM250516P195) for a debit of $7.90 (selling a vertical)

BTO 1 IWM 16May25 215 put (IWM250516P215)
STC 1 IWM 16May25 200 put (IWM250516P200) for a debit of $6.75 (selling a vertical)


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

Happy trading,

Jon

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

March 24, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

March 24, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


With IWM up 2%, we are raising strikes:


BTC 1 IWM 28Mar25 192 put (IWM250328P192)
STO 1 IWM 28Mar25 206 put (IWM250328P206) for a credit of $1.25 (buying a vertical)

BTC 1 IWM 28Mar25 195 put (IWM250328P195)
STO 1 IWM 28Mar25 208 put (IWM250328P208) for a credit of $2.00 (buying a vertical)

BTC 1 IWM 28Mar25 202 call (IWM250328C202)
STO 1 IWM 28Mar25 212 call (IWM250328C212) for a debit of $5.95 (buying a vertical)

BTC 1 IWM 28Mar25 198 put (IWM250328P198)
STO 1 IWM 28Mar25 210 put (IWM250328P210) for a credit of $3.00 (buying a vertical)

BTO 1 IWM 16May25 210 put (IWM250516P210)
STC 1 IWM 16May25 195 put (IWM250516P195) for a debit of $4.85 (selling a vertical)


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

Happy trading,

Jon

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