Author Archives: Jon Lewis
October 31, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
October 31, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing spreads with low thetas:
BTC 1 MSFT 31Oct25 540 call (MSFT251031C540)
STC 1 MSFT 21Nov25 545 call (MSFT251121C545) for a credit of $3.45 (selling a diagonal)
BTC 1 MSFT 31Oct25 535 call (MSFT251031C535)
STC 1 MSFT 21Nov25 540 call (MSFT251121C540) for a credit of $4.45 (selling a diagonal)
BTC 1 MSFT 31Oct25 495 put (MSFT251031P495)
STC 1 MSFT 21Nov25 495 put (MSFT251121P495) for a credit of $3.70 (selling a calendar)
BTC 1 MSFT 31Oct25 500 put (MSFT251031P500)
STC 1 MSFT 21Nov25 500 put (MSFT251121P500) for a credit of $4.90 (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
October 30, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
October 30, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are closing put spreads and rolling up put strikes to increase delta and theta:
BTC 2 IWM 31Oct25 239 put (IWM251031P239)
STC 2 IWM 21Nov25 240 put (IWM251121P240) for a credit of $2.45 (selling a diagonal)
BTC 1 IWM 31Oct25 242 put (IWM251031P242)
STC 1 IWM 21Nov25 240 put (IWM251121P240) for a credit of $2.25 (selling a diagonal)
BTC 2 IWM 31Oct25 242 put (IWM251031P242)
STO 2 IWM 31Oct25 248 put (IWM251031P248) for a credit of $1.70 (buying a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
October 23, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
October 23, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling up strikes and closing spreads to increase delta:
BTC 2 IWM 31Oct25 241 call (IWM251031C241)
STO 2 IWM 31Oct25 247 call (IWM251031C247) for a debit of $4.10 (buying a vertical)
BTC 1 IWM 31Oct25 241 call (IWM251031C241)
STO 1 IWM 31Oct25 253 call (IWM251031C253) for a debit of $6.55 (buying a vertical)
BTC 2 IWM 31Oct25 230 put (IWM251031P230)
STC 2 IWM 21Nov25 245 put (IWM251121P245) for a credit of $4.55 (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
October 17, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
October 17, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing a put spread to avoid assignment:
BTC 1 MSFT 17Oct25 515 put (MSFT251017P515)
STC 1 MSFT 21Nov25 515 put (MSFT251121P515) for a credit of $14.45 (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
October 16, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
October 16, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are rolling down call spreads to reduce delta and increase theta:
BTC 1 MSFT 17Oct25 535 call (MSFT251017C535)
STC 1 MSFT 21Nov25 535 call (MSFT251121C535) for a credit of $10.00 (selling a calendar)
BTC 1 MSFT 17Oct25 530 call (MSFT251017C530)
STC 1 MSFT 21Nov25 530 call (MSFT251121C530) for a credit of $11.80 (selling a calendar)
BTO 1 MSFT 21Nov25 515 call (MSFT251121C515)
STO 1 MSFT 17Oct25 515 call (MSFT251017C515) for a debit of $16.15 (buying a calendar)
BTO 1 MSFT 21Nov25 510 call (MSFT251121C510)
STO 1 MSFT 17Oct25 510 call (MSFT251017C510) for a debit of $15.95 (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
October 10, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
October 10, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are rolling out:
BTC 3 DIS 10Oct25 111 call (DIS251010C111)
STO 3 DIS 24Oct25 113 call (DIS251024C113) for a credit of $0.70 (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
October 8, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
October 8, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are raising strikes to increase delta and theta:
BTC 1 IWM 10Oct25 244 call (IWM251010C244)
STO 1 IWM 10Oct25 247.5 call (IWM251010C247.5) for a debit of $2.15 (buying a vertical)
BTC 3 IWM 10Oct25 241 put (IWM251010P241)
STO 3 IWM 10Oct25 246 put (IWM251010P246) for a credit of $0.95 (buying a vertical)
BTC 3 IWM 10Oct25 242.5 put (IWM251010P242.5)
STO 3 IWM 10Oct25 247.5 put (IWM251010P247.5) for a credit of $1.55 (buying a vertical)
BTO 2 IWM 21Nov25 250 put (IWM251121P250)
STC 2 IWM 21Nov25 240 put (IWM251121P240) for a debit of $4.20 (selling a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
October 7, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
October 7, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering strikes to reduce delta and increase theta:
BTC 3 IWM 10Oct25 252 call (IWM251010C252)
STO 3 IWM 10Oct25 247 call (IWM251010C247) for a credit of $1.00 (buying a vertical)
BTC 3 IWM 10Oct25 249 put (IWM251010P249)
STO 3 IWM 10Oct25 246 put (IWM251010P246) for a debit of $2.00 (buying a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
October 2, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
October 2, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are closing call spreads and rolling down puts to lower delta:
BTC 5 DIS 10Oct25 119 call (DIS251010C119)
STC 5 DIS 31Oct25 119 call (DIS251031C119) for a credit of $0.70 (selling a calendar)
BTC 2 DIS 10Oct25 114 put (DIS251010P114)
STO 2 DIS 10Oct25 110 put (DIS251010P110) for a debit of $2.15 (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
September 30, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
September 30, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We are adding put spreads to lower delta:
BTO 5 DIS 31Oct25 108 put (DIS251031P108)
STO 5 DIS 10Oct25 108 put (DIS251010P108) for a debit of $0.85 (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
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