Author Archives: Jon Lewis

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

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


We are adding call spreads at higher strikes:  


BTO 1 MSFT 18Oct24 425 call (MSFT241018C425)
STO 1 MSFT 20Sep24 435 call (MSFT240920C435) for a debit of $8.95 (buying a diagonal) 

BTO 1 MSFT 18Oct24 430 call (MSFT241018C430)
STO 1 MSFT 20Sep24 440 call (MSFT240920C440) for a debit of $7.75 (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

August 28, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

August 28, 2024 Terry’s Tips Trade Alert – Wiley Wolf Portfolio


We are adding put spreads at lower strikes:  


BTO 1 MSFT 18Oct24 405 put (MSFT241018P405)
STO 1 MSFT 20Sep24 400 put (MSFT240920P400) for a debit of $5.15 (buying a diagonal) 

BTO 1 MSFT 18Oct24 400 put (MSFT241018P400)
STO 1 MSFT 20Sep24 395 put (MSFT240920P395) for a debit of $4.70 (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

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

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


We are raising strikes:    


BTC 1 COST 20Sep24 835 put (COST 240920P835)
STC 1 COST 18Oct24 835 put (COST 241018P835) for a credit of $7.00 (selling a calendar) (100%)

BTO 1 COST 18Oct24 895 put (COST 241018P895)
STO 1 COST 20Sep24 895 put (COST 240920P895) for a debit of $12.90 (buying a calendar)

BTC 1 COST 20Sep24 895 call (COST 240920C895)
STO 1 COST 20Sep24 925 call (COST 240920C925) for a debit of $13.70 (buying a vertical) (100%)

BTO 1 COST 18Oct24 925 call (COST 241018C925)
STC 1 COST 18Oct24 895 call (COST 241018C895) for a credit of $14.60 (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

August 23, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

August 23, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are rolling up strikes:


BTC 1 IWM 06Sep24 204 put (IWM240906P204)
STO 1 IWM 06Sep24 220 put (IWM240906P220) for a credit of $3.50 (buying a vertical) (100%)

BTC 1 IWM 06Sep24 215 call (IWM240906C215)
STO 1 IWM 06Sep24 227 call (IWM240906C227) for a debit of $5.55 (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

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

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


We are closing a spread and rolling out:  


BTC 1 MSFT 23Aug24 415 put (MSFT240823P415)
STC 1 MSFT 20Sep24 415 put (MSFT240920P415) for a credit of $4.55 (selling a calendar) (100%) 

BTC 1 MSFT 23Aug24 417.5 put (MSFT240823P417.5)
STO 1 MSFT 20Sep24 425 put (MSFT240920P425) for a credit of $7.90 (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

August 21, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

August 21, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are adding spreads:


BTO 1 IWM 20Dec24 215 put (IWM241220P215)
STO 1 IWM 06Sep24 217 put (IWM240906P217) for a debit of $4.80 (buying a diagonal)   

BTO 1 IWM 20Dec24 215 put (IWM241220P215)
STO 1 IWM 06Sep24 213 put (IWM240906P213) for a debit of $6.70 (buying a diagonal)   

BTO 1 IWM 20Dec24 210 put (IWM241220P210)
STO 1 IWM 06Sep24 210 put (IWM240906P210) for a debit of $5.65 (buying a calendar)   

BTO 1 IWM 20Dec24 225 call (IWM241220C225)
STO 1 IWM 06Sep24 224 call (IWM240906C224) for a debit of $6.15 (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

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

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


We are closing put spreads to raise delta:  


BTC 1 MSFT 23Aug24 400 put (MSFT240823P400)
STC 1 MSFT 20Sep24 400 put (MSFT240920P400) for a credit of $2.25 (selling a calendar) (100%) 

BTC 1 MSFT 23Aug24 405 put (MSFT240823P405)
STC 1 MSFT 20Sep24 405 put (MSFT240920P405) for a credit of $3.00 (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

August 16, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

August 16, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are closing a call spread and opening a call spread:    


BTC 1 COST 16Aug24 865 call (COST 240816C865)
STC 1 COST 20Sep24 840 call (COST 240920C840) for a credit of $37.00 (selling a diagonal) (100%)

BTO 1 COST 18Oct24 895 call (COST 241018C895)
STO 1 COST 20Sep24 895 call (COST 240920C895) for a debit of $15.10 (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

August 14, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio

August 14, 2024 Terry’s Tips Trade Alert – Rising Tide Portfolio


We are closing both put spreads:    


BTC 1 COST 16Aug24 830 put (COST 240816P830)
STC 1 COST 20Sep24 830 put (COST 240920P830) for a credit of $9.50 (selling a calendar) (100%)

BTC 1 COST 16Aug24 840 put (COST 240816P840)
STC 1 COST 20Sep24 840 put (COST 240920P840) for a credit of $11.40 (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

August 9, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

August 9, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are closing a spread and opening a spread to raise delta:


BTC 1 IWM 16Aug24 198 put (IWM240816P198)
STC 1 IWM 20Dec24 220 put (IWM241220P220) for a credit of $17.40 (selling a diagonal) (100%)  

BTO 1 IWM 20Dec24 210 call (IWM241220C210)
STO 1 IWM 16Aug24 213 call (IWM240816C213) for a debit of $10.70 (buying a diagonal) (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