Category Archives: Boomers Revenge
August 29, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
August 29, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are quickly reducing delta by buying to close the highest-strike short put. We’ll replace it at a lower strike later today:
BTC 1 IWM 02Sep22 194 put (IWM220902P194) for a debit of $7.15 (buying a single) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
August 19, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
August 19, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
This completes rolling out the short positions:
BTC 1 IWM 19Aug22 196 put (IWM220819P196)
STO 1 IWM 02Sep22 186 put (IWM220902P186) for a debit of $0.35 (selling a diagonal) (100%)
BTC 1 IWM 19Aug22 196 call (IWM220819C196)
STO 1 IWM 02Sep22 195 call (IWM220902C195) for a credit of $3.35 (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.
Terry
August 18, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
August 18, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
We continue rolling out both long and short positions:
BTC 1 IWM 19Aug22 202 call (IWM220819C202)
STO 1 IWM 02Sep22 202 call (IWM220902C202) for a credit of $1.60 (selling a calendar) (100%)
BTO 1 IWM 21Oct22 200 call (IWM221021C200)
STC 1 IWM 16Sep22 195 call (IWM220916C195) for a credit of $0.05 (buying a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
August 17, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
August 17, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
We are closing low-strike put spreads:
BTC 1 IWM 19Aug22 188 put (IWM220819P288)
STC 1 IWM 16Sep22 188 put (IWM220916P188) for a credit of $1.85 (selling a calendar) (50%)
BTC 1 IWM 19Aug22 188 put (IWM220819P288)
STC 1 IWM 16Sep22 186 put (IWM220916P186) for a credit of $1.50 (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.
Terry
June 22, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
June 22, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering a long put strike and adding a call spread to increase delta:
BTO 1 IWM 19Aug22 160 put (IWM220819P160)
STC 1 IWM 19Aug22 180 put (IWM220819P180) for a credit of $9.55 (selling a vertical) (100%)
BTO 1 IWM 19Aug22 156 call (IWM220819C156)
STO 1 IWM 24Jun22 168 call (IWM220624C168) for a debit of $14.80 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
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