Author Archives: Jon Lewis

October 22, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

October 22, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are opening call spreads to raise delta:  


BTO 2 MSFT 29Nov24 440 call (MSFT241129C440)
STO 2 MSFT 01Nov24 440 call (MSFT241101C440) for a debit of $4.10 (buying a calendar)   

BTO 2 MSFT 29Nov24 445 call (MSFT241129C445)
STO 2 MSFT 01Nov24 445 call (MSFT241101C445) for a debit of $3.80 (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 18, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

October 18, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are closing two put spreads with negative theta:    


BTC 1 COST 18Oct24 875 put (COST 241018P875)
STC 1 COST 15Nov24 875 put (COST 241115P875) for a credit of $14.60 (selling a calendar) (100%)

BTC 1 COST 18Oct24 895 put (COST 241018P895)
STC 1 COST 15Nov24 895 put (COST 241115P895) for a credit of $15.60 (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 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

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


We are rolling up strikes to raise delta:


BTC 1 IWM 18Oct24 217 call (IWM241018C217)
STO 1 IWM 18Oct24 223 call (IWM241018C223) for a debit of $3.65 (buying a vertical) (100%)   

BTC 1 IWM 18Oct24 209 put (IWM241018P209)
STO 1 IWM 18Oct24 221 put (IWM241018P221) for a credit of $1.85 (buying a vertical) (100%)   


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

October 9, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

October 9, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are closing two put spreads and opening two call spreads to raise delta:  


BTC 2 MSFT 18Oct24 395 put (MSFT241018P395)
STC 2 MSFT 15Nov24 395 put (MSFT241115P395) for a credit of $5.60 (selling a calendar) (100%) 

BTO 2 MSFT 15Nov24 430 call (MSFT241115C430)
STO 2 MSFT 18Oct24 430 call (MSFT241018C430) for a debit of $8.80 (buying 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 4, 2024  Terry’s Tips Trade Alert – Honey Badger Portfolio

October 4, 2024  Terry’s Tips Trade Alert – Honey Badger Portfolio

 
We are rolling out:
 

BTC 1 QQQ 04Oct24 470 put (QQQ241004P470)
STO 1 QQQ 25Oct24 485 put (QQQ241025P485) for a credit of $8.90 (selling a diagonal) (100%)

BTO 1 QQQ 15Nov24 485 put (QQQ241115P485)
STC 1 QQQ 15Nov24 470 put (QQQ241115P470) for a debit of $4.90 (selling a vertical) (100%)

BTC 1 QQQ 04Oct24 480 call (QQQ241004C480)
STO 1 QQQ 25Oct24 490 call (QQQ241025C490) for a credit of $2.00 (selling a diagonal) (100%)

BTC 1 QQQ 04Oct24 475 put (QQQ241004P475)
STO 1 QQQ 25Oct24 480 put (QQQ241025P480) for a credit of $6.85 (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

September 27, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

September 27, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are closing all call spreads:    


BTC 1 COST 27Sep24 955 call (COST 240927C955)
STC 1 COST 18Oct24 955 call (COST 241018C955) for a credit of $1.75 (selling a calendar) (100%)

BTC 1 COST 27Sep24 945 call (COST 240927C945)
STC 1 COST 18Oct24 945 call (COST 241018C945) for a credit of $2.40 (selling a calendar) (100%)

BTC 1 COST 27Sep24 935 call (COST 240927C935)
STC 1 COST 18Oct24 925 call (COST 241018C925) for a credit of $4.65 (selling a diagonal) (100%)

BTC 1 COST 27Sep24 925 call (COST 240927C925)
STC 1 COST 18Oct24 910 call (COST 241018C910) for a credit of $8.90 (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

September 25, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

September 25, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are adding a spread:    


BTO 1 COST 18Oct24 905 put (COST 241018P905)
STO 1 COST 27Sep24 905 put (COST 240927P905) for a debit of $7.05 (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

September 24, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

September 24, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


With IWM going ex-dividend tomorrow, we are rolling out an ITM short call with little extrinsic value to avoid assignment. We are also rolling out call strikes with little extrinsic and rolling down a put to lower delta:


BTC 1 IWM 27Sep24 224 put (IWM240927P224)
STO 1 IWM 27Sep24 218 put (IWM240927P218) for a debit of $3.85 (buying a vertical) (100%)   

BTC 1 IWM 27Sep24 217 call (IWM240927C217)
STO 1 IWM 18Oct24 217 call (IWM241018C217) for a credit of $3.00 (selling a calendar) (100%)   

BTC 1 IWM 27Sep24 229 call (IWM240927C229)
STO 1 IWM 18Oct24 229 call (IWM241018C229) for a credit of $1.25 (selling a calendar) (100%)   

BTC 1 IWM 27Sep24 227 call (IWM240927C227)
STO 1 IWM 18Oct24 227 call (IWM241018C227) for a credit of $1.70 (selling a calendar) (100%)   


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

September 23, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

September 23, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are raising a strike and opening spreads:    


BTC 1 COST 27Sep24 910 call (COST 240927C910)
STO 1 COST 27Sep24 935 call (COST 240927C935) for a debit of $11.40 (buying a vertical) (100%)

BTO 1 COST 18Oct24 945 call (COST 241018C945)
STO 1 COST 27Sep24 945 call (COST 240927C945) for a debit of $7.55 (buying a calendar)

BTO 1 COST 18Oct24 910 put (COST 241018P910)
STO 1 COST 27Sep24 910 put (COST 240927P910) for a debit of $6.65 (buying a calendar)

BTO 1 COST 18Oct24 920 put (COST 241018P920)
STO 1 COST 27Sep24 920 put (COST 240927P920) for a debit of $6.40 (buying a calendar)

BTO 1 COST 18Oct24 955 call (COST 241018C955)
STO 1 COST 27Sep24 955 call (COST 240927C955) for a debit of $6.80 (buying a calendar)

BTO 1 COST 18Oct24 895 put (COST 241018P895)
STO 1 COST 27Sep24 895 put (COST 240927P895) for a debit of $6.55 (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

September 20, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

September 20, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We continue closing spreads:  


BTC 1 MSFT 20Sep24 440 call (MSFT240920C440)
STC 1 MSFT 18Oct24 425 call (MSFT241018C425) for a credit of $16.45 (selling a diagonal) (100%)

BTC 1 MSFT 20Sep24 440 call (MSFT240920C440)
STC 1 MSFT 18Oct24 420 call (MSFT241018C420) for a credit of $20.35 (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