Author Archives: Jon Lewis
March 21, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
March 21, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are reducing delta:
BTC 1 IWM 28Mar25 217 call (IWM250328C217)
STO 1 IWM 28Mar25 202 call (IWM250328C202) for a credit of $2.85 (buying a vertical)
BTC 1 IWM 28Mar25 207 put (IWM250328P207)
STO 1 IWM 28Mar25 197 put (IWM250328P197) for a debit of $4.80 (buying a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
March 20, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
March 20, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are closing put spreads to raise delta:
BTC 1 QQQ 21Mar25 465 put (QQQ250321P465)
STC 1 QQQ 17Apr25 470 put (QQQ250417P470) for a credit of $6.80 (selling a diagonal)
BTC 1 QQQ 21Mar25 470 put (QQQ250321P470)
STC 1 QQQ 17Apr25 475 put (QQQ250417P475) for a credit of $8.10 (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
March 20, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
March 20, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing and opening spreads and rolling out a put:
BTC 1 MSFT 21Mar25 380 put (MSFT250321P380)
STO 1 MSFT 17Apr25 380 put (MSFT250417P380) for a credit of $4.75 (selling a calendar)
BTC 1 MSFT 21Mar25 385 put (MSFT250321P385)
STC 1 MSFT 17Apr25 385 put (MSFT250417P385) for a credit of $5.85 (selling a calendar)
BTO 1 MSFT 20Jun25 400 call (MSFT250620C400)
STO 1 MSFT 17Apr25 400 call (MSFT250417C400) for a debit of $10.75 (buying a calendar)
BTO 1 MSFT 20Jun25 405 call (MSFT250620C405)
STO 1 MSFT 17Apr25 405 call (MSFT250417C405) for a debit of $10.30 (buying a calendar)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
March 19, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
March 19, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing a put spread and rolling out a put:
BTC 1 MSFT 21Mar25 370 put (MSFT250321P370
STC 1 MSFT 17Apr25 380 put (MSFT250417P380) for a credit of $6.50 (selling a diagonal)
BTC 1 MSFT 21Mar25 375 put (MSFT250321P375)
STO 1 MSFT 17Apr25 375 put (MSFT250417P375) for a credit of $4.75 (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
March 18, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
March 18, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing spreads to lower delta:
BTC 1 MSFT 21Mar25 415 call (MSFT250321C415)
STC 1 MSFT 17Apr25 415 call (MSFT250417C415) for a credit of $1.55 (selling a calendar)
BTC 1 MSFT 21Mar25 405 call (MSFT250321C405)
STC 1 MSFT 17Apr25 405 call (MSFT250417C405) for a credit of $3.25 (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
March 7, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
March 6, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
March 6, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out to reduce delta:
BTC 1 IWM 07Mar25 218 call (IWM250307C218)
STO 1 IWM 28Mar25 214 call (IWM250328C214) for a credit of $2.05 (selling a diagonal)
BTC 1 IWM 07Mar25 214 call (IWM250307C214)
STO 1 IWM 28Mar25 210 call (IWM250328C210) for a credit of $3.30 (selling a diagonal)
BTC 1 IWM 07Mar25 213 put (IWM250307P213)
STO 1 IWM 28Mar25 207 put (IWM250328P207) for a debit of $1.45 (selling a diagonal)
BTO 1 IWM 16May25 210 put (IWM250516P210)
STC 1 IWM 16May25 228 put (IWM250516P228) for a credit of $13.05 (selling a vertical)
BTO 1 IWM 16May25 210 call (IWM250516C210)
STC 1 IWM 16May25 215 call (IWM250516C215) for a debit of $2.10 (selling a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
March 4, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
March 4, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
To reduce delta, we are closing spreads and opening new spreads at lower strikes:
BTC 1 IWM 07Mar25 217 put (IWM250307P217)
STC 1 IWM 16May25 220 put (IWM250516P220) for a credit of $5.15 (selling a diagonal)
BTO 1 IWM 16May25 205 put (IWM250516P205)
STO 1 IWM 28Mar25 204 put (IWM250328P204) for a debit of $3.15 (selling a diagonal)
BTC 1 IWM 07Mar25 215 put (IWM250307P215)
STC 1 IWM 16May25 220 put (IWM250516P220) for a credit of $7.10 (selling a diagonal)
BTO 1 IWM 16May25 205 put (IWM250516P205)
STO 1 IWM 28Mar25 201 put (IWM250328P201) for a debit of $4.35 (selling a diagonal)
BTC 1 IWM 07Mar25 222 call (IWM250307C222)
STC 1 IWM 16May25 220 call (IWM250516C220) for a credit of $3.20 (selling a diagonal)
BTO 1 IWM 16May25 205 call (IWM250516C205)
STO 1 IWM 28Mar25 206 call (IWM250328C206) for a debit of $4.30 (selling a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
February 28, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
February 28, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We continue rolling out:
BTC 1 QQQ 28Feb25 510 put (QQQ250228P510)
STO 1 QQQ 21Mar25 495 put (QQQ250321P495) for a debit of $1.00 (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
February 25, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
February 25, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are lowering delta by rolling out calls to lower strikes:
BTC 1 QQQ 28Feb25 540 call (QQQ250228C540)
STO 1 QQQ 21Mar25 520 call (QQQ250321C520) for a credit of $8.35 (selling a diagonal)
BTO 1 QQQ 17Apr25 520 call (QQQ250417C520)
STC 1 QQQ 17Apr25 540 call (QQQ250417C540) for a debit of $8.40 (selling a vertical)
BTO 1 QQQ 17Apr25 515 call (QQQ250417C515)
STC 1 QQQ 17Apr25 535 call (QQQ250417C535) for a debit of $9.60 (selling a vertical)
BTC 1 QQQ 28Feb25 535 call (QQQ250228C535)
STO 1 QQQ 21Mar25 515 call (QQQ250321C515) for a credit of $10.90 (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
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