Author Archives: Jon Lewis
July 11, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
July 11, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We continue rolling out:
BTC 1 DIS 11Jul25 122 call (DIS250711C123)
STO 1 DIS 25Jul25 123 call (DIS250725C123) for a credit of $0.8 (selling a diagonal)
BTC 1 DIS 11Jul25 121 put (DIS250711P121)
STO 1 DIS 25Jul25 118 put (DIS250725P118) for a credit of $0.10 (selling a calendar)
BTC 1 DIS 11Jul25 121 put (DIS250711P121)
STO 1 DIS 25Jul25 117 put (DIS250725P117) for a debit of $0.15 (selling a diagonal)
BTC 1 DIS 11Jul25 121 put (DIS250711P121)
STO 1 DIS 25Jul25 116 put (DIS250725P116) for a debit of $0.30 (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
July 10, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
July 10, 2025 Terry’s Tips Trade Alert – Rising Tide Portfolio
We continue rolling out:
BTC 1 DIS 11Jul25 119 put (DIS250711P119)
STO 1 DIS 25Jul25 121 put (DIS250725P121) for a credit of $1.30 (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
July 9, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
July 9, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are raising strikes to increase delta:
BTC 1 MSFT 18Jul25 475 put (MSFT250718P475)
STO 1 MSFT 18Jul25 495 put (MSFT250718P495)
BTO 1 MSFT 19Sep25 495 put (MSFT250919P495)
STC 1 MSFT 19Sep25 475 put (MSFT250919P475) for a debit of $4.30 (selling a vertical roll)
BTC 1 MSFT 18Jul25 495 call (MSFT250718C495)
STO 1 MSFT 18Jul25 515 call (MSFT250718C515)
BTO 1 MSFT 19Sep25 515 call (MSFT250919C515)
STC 1 MSFT 19Sep25 495 call (MSFT250919C495) for a credit of $0.50 (selling a vertical roll)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
July 5, 2025 Saturday Report

July 5, 2025 Saturday Report
Dear Member,
I hope everyone is having or had a great Fourth weekend.
The Composite eked out another small gain for its fourth straight winning week. Boomer’s Revenge continued its hot hand as it closes in on the +30% level for the year. Wiley Wolf gained without making a trade (I like when that happens).
This week, I drill down on IV to expose some inconsistencies in the data. Plus, I discuss how I will treat IV moving forward. Be sure to check it out.
Enjoy the report and have (or continue to have) a great holiday weekend.
Happy Trading.
Jon L.
July 1, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
July 1, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are rolling down strikes to lower delta and increase theta:
BTC 1 QQQ 3Jul25 555 call (QQQ250703C555)
STO 1 QQQ 3Jul25 546 call (QQQ250703C546) for a credit of $3.20 (buying a vertical)
BTC 1 QQQ 3Jul25 552.5 call (QQQ250703C552.5)
STO 1 QQQ 3Jul25 544 call (QQQ250703C544) for a credit of $4.00 (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
June 27, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
June 27, 2025 Terry’s Tips Trade Alert #3 – Boomer’s Revenge Portfolio
We continue rolling out to avoid assignment:
BTC 1 IWM 27Jun25 213 call (IWM250627C213)
STO 1 IWM 18Jul25 221 call (IWM250718C221) for a debit of $0.50 (selling a diagonal)
BTC 1 IWM 27Jun25 214 call (IWM250627C214)
STO 1 IWM 18Jul25 223 call (IWM250718C223) for a debit of $0.10 (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
June 25, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
June 25, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out and lowering strikes to lower delta:
BTC 1 IWM 27Jun25 221 call (IWM250627C221)
STO 1 IWM 18Jul25 217 call (IWM250718C217) for a credit of $2.60 (selling a diagonal)
BTC 1 IWM 27Jun25 218 call (IWM250627C218)
STO 1 IWM 18Jul25 215 call (IWM250718C215) for a credit of $3.35 (selling a diagonal)
BTC 1 IWM 27Jun25 215 put (IWM250627P215)
STO 1 IWM 27Jun25 212 put (IWM250627P212) for a debit of $1.75 (buying a vertical)
BTC 1 IWM 27Jun25 216 call (IWM250627C216)
STO 1 IWM 27Jun25 213 call (IWM250627C213) for a credit of $0.90 (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
June 24, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
June 24, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are raising a put and call strike to increase delta and theta:
BTC 1 IWM 27Jun25 199 put (IWM250627P199)
STO 1 IWM 27Jun25 213 put (IWM250627P213) for a credit of $1.80 (buying a vertical)
BTC 1 IWM 27Jun25 209 call (IWM250627C209)
STO 1 IWM 27Jun25 214 call (IWM250627C214) for a debit of $3.25 (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
June 23, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
June 23, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are raising a put strike to increase delta and theta:
BTC 1 IWM 27Jun25 202 put (IWM250627P202)
STO 1 IWM 27Jun25 213 put (IWM250627P213) for a credit of $2.85 (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
June 20, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
June 18, 2025 Terry’s Tips Trade Alert – Wiley Wolf Portfolio
We are closing OTM spreads with negative theta:
BTC 1 MSFT 20Jun25 472.5 put (MSFT250620P472.5)
STC 1 MSFT 18Jul25 475 put (MSFT250718P475) for a credit of $6.30 (selling a diagonal)
BTC 1 MSFT 20Jun25 485 call (MSFT250620C485)
STC 1 MSFT 18Jul25 485 call (MSFT250718C485) for a credit of $7.25 (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
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