Author Archives: Jon Lewis

November 12, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

November 12, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are adding spreads to lower delta:


BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 234 put (IWM241122P234) for a debit of $3.25 (buying a diagonal)

BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 232 put (IWM241122P232) for a debit of $3.80 (buying a calendar)

BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 230 put (IWM241122P230) for a debit of $4.20 (buying a diagonal)

BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 228 put (IWM241122P228) for a debit of $4.45 (buying a diagonal)

BTO 1 IWM 20Dec24 240 call (IWM241220C240)
STO 1 IWM 22Nov24 235 call (IWM241122C235) for a debit of $0.55 (buying a diagonal)


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

November 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

November 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are adding spreads to raise delta:


BTO 1 IWM 20Dec24 240 call (IWM241220C240)
STO 1 IWM 22Nov24 243 call (IWM241122C243) for a debit of $4.90 (buying a diagonal)

BTO 1 IWM 20Dec24 245 call (IWM241220C245)
STO 1 IWM 22Nov24 245 call (IWM241122C245) for a debit of $3.20 (buying a calendar)

BTO 2 IWM 20Dec24 245 call (IWM241220C245)
STO 2 IWM 22Nov24 247 call (IWM241122C247) for a debit of $3.85 (buying a diagonal)

BTO 2 IWM 20Dec24 245 call (IWM241220C245)
STO 2 IWM 22Nov24 249 call (IWM241122C249) for a debit of $4.30 (buying a diagonal)

BTO 1 IWM 20Dec24 240 put (IWM241220P240)
STO 1 IWM 22Nov24 238 put (IWM241122P238) for a debit of $3.80 (buying a diagonal)

BTO 2 IWM 20Dec24 240 put (IWM241220P240)
STO 2 IWM 22Nov24 240 put (IWM241122P240) for a debit of $3.05 (buying a calendar)

BTO 2 IWM 20Dec24 245 put (IWM241220P245)
STO 2 IWM 22Nov24 242 put (IWM241122P242) for a debit of $4.70 (buying a diagonal)


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

November 8, 2024 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio

November 8, 2024 Terry’s Tips Trade Alert #3 – Rising Tide Portfolio


We continue chasing delta higher:    


BTC 1 COST 15Nov24 905 put (COST 241115P905)
STC 1 COST 20Dec24 905 put (COST 241220P905) for a credit of $13.20 (selling a calendar) (100%)

BTC 1 COST 15Nov24 935 call (COST 241115C935)
STO 1 COST 15Nov24 960 call (COST 241115C960) for a debit of $12.15 (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.

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

November 8, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

November 8, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are rolling up strikes:    


BTC 1 COST 15Nov24 925 call (COST 241115C925)
STO 1 COST 15Nov24 945 call (COST 241115C945) for a debit of $8.05 (buying a vertical) (100%)

BTC 1 COST 15Nov24 890 put (COST 241115P890)
STO 1 COST 15Nov24 925 put (COST 241115P925) for a credit of $6.70 (buying a vertical) (100%)

BTO 1 COST 20Dec24 925 put (COST 241220P925)
STC 1 COST 20Dec24 890 put (COST 241220P890) for a debit of $12.75 (selling 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

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

November 1, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

November 1, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We continue closing spreads:  


BTC 2 MSFT 01Nov24 400 put (MSFT241101P400)
STC 2 MSFT 29Nov24 400 put (MSFT241129P400) for a credit of $6.00 (selling a calendar) (100%) 

BTC 2 MSFT 01Nov24 425 call (MSFT241101C425)
STC 2 MSFT 29Nov24 425 call (MSFT241129C425) for a credit of $5.30 (selling a calendar) (100%) 

BTC 2 MSFT 01Nov24 405 put (MSFT241101P405)
STC 2 MSFT 29Nov24 405 put (MSFT241129P405) for a credit of $7.70 (selling a calendar) (100%) 

BTC 1 MSFT 01Nov24 405 put (MSFT241101P405)
STC 1 MSFT 29Nov24 420 put (MSFT241129P420) for a credit of $15.00 (selling a diagonal) (100%) 


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

October 31, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

October 31, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


With MSFT down sharply, we are closing higher-strike spreads to lower delta:  


BTC 2 MSFT 01Nov24 460 call (MSFT241101C460)
STC 2 MSFT 29Nov24 460 call (MSFT241129C460) for a credit of $0.65 (buying a calendar)  

BTC 2 MSFT 01Nov24 455 call (MSFT241101C455)
STC 2 MSFT 29Nov24 455 call (MSFT241129C455) for a credit of $0.90 (buying a calendar)  

BTC 2 MSFT 01Nov24 450 call (MSFT241101C450)
STC 2 MSFT 29Nov24 450 call (MSFT241129C450) for a credit of $1.30 (buying a calendar)  

BTC 2 MSFT 01Nov24 445 call (MSFT241101C445)
STC 2 MSFT 29Nov24 445 call (MSFT241129C445) for a credit of $1.75 (buying a calendar)  

BTC 1 MSFT 01Nov24 445 put (MSFT241101P445)
STC 1 MSFT 29Nov24 445 put (MSFT241129P445) for a credit of $1.35 (buying a calendar)  

BTC 2 MSFT 01Nov24 440 call (MSFT241101C440)
STC 2 MSFT 29Nov24 440 call (MSFT241129C440) for a credit of $2.45 (buying a calendar)  

BTC 2 MSFT 01Nov24 440 put (MSFT241101P440)
STC 2 MSFT 29Nov24 440 put (MSFT241129P440) for a credit of $1.50 (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

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

October 30, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

October 30, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are opening a put spread:  


BTO 1 MSFT 29Nov24 435 put (MSFT241129P435)
STO 1 MSFT 01Nov24 435 put (MSFT241101P435) for a debit of $4.60 (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

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

October 29, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

October 29, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are opening call spreads to raise delta:  


BTO 2 MSFT 29Nov24 455 call (MSFT241129C455)
STO 2 MSFT 01Nov24 455 call (MSFT241101C455) for a debit of $3.85 (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

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

October 24, 2024  Terry’s Tips Trade Alert – Honey Badger Portfolio

October 24, 2024  Terry’s Tips Trade Alert – Honey Badger Portfolio

 
We continue closing spreads:
 

BTC 1 QQQ 25Oct24 485 put (QQQ241025P485)
STC 1 QQQ 15Nov24 485 put (QQQ241115P485) for a credit of $6.85 (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

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

October 23, 2024  Terry’s Tips Trade Alert – Honey Badger Portfolio

October 23, 2024  Terry’s Tips Trade Alert – Honey Badger Portfolio

 
We continue closing spreads:
 

BTC 1 QQQ 25Oct24 500 call (QQQ241025C500)
STC 1 QQQ 15Nov24 485 call (QQQ241115C485) for a credit of $16.00 (selling a diagonal) (100%)


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