Category Archives: Boomers Revenge
December 10, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
December 10, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We begin rolling out calls:
BTC 1 IWM 13Dec24 249 call (IWM241213C249)
STO 1 IWM 03Jan25 238 call (IWM250103C238) for a credit of $4.00 (selling a diagonal) (100%)
BTC 1 IWM 13Dec24 247 call (IWM241213C247)
STO 1 IWM 03Jan25 240 call (IWM250103C240) for a credit of $3.10 (selling a diagonal) (100%)
BTO 1 IWM 21Mar25 235 call (IWM250321C235)
STC 1 IWM 21Mar25 250 call (IWM250321C250) for a debit of $6.75 (selling a vertical) (100%)
BTC 1 IWM 13Dec24 245 call (IWM241213C245)
STO 1 IWM 03Jan25 242 call (IWM250103C242) for a credit of $2.35 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
November 21, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
November 21, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are closing two put spreads and rolling out to raise delta:
BTC 2 IWM 22Nov24 228 put (IWM241122P228)
STC 2 IWM 20Dec24 235 put (IWM241220P235) for a credit of $7.35 (selling a diagonal) (100%)
BTC 1 IWM 22Nov24 228 put (IWM241122P228)
STO 1 IWM 13Dec24 233 put (IWM241213P233) for a credit of $4.95 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
November 20, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
November 20, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are closing the remaining call spreads to lower delta:
BTC 1 IWM 22Nov24 235 call (IWM241122C235)
STC 1 IWM 20Dec24 235 call (IWM241220C235) for a credit of $3.20 (selling a calendar) (100%)
BTC 2 IWM 22Nov24 235 call (IWM241122C235)
STC 2 IWM 20Dec24 230 call (IWM241220C230) for a credit of $5.35 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
November 14, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
November 14, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling down strikes to lower delta:
BTC 1 IWM 22Nov24 249 call (IWM241122C249)
STO 1 IWM 22Nov24 235 call (IWM241122C235) for a credit of $2.40 (buying a vertical) (100%)
BTC 1 IWM 22Nov24 240 put (IWM241122P240)
STO 1 IWM 22Nov24 230 put (IWM241122P230) for a debit of $5.30 (buying a vertical) (50%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
November 12, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
November 12, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are adding spreads to lower delta:
BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 234 put (IWM241122P234) for a debit of $3.25 (buying a diagonal)
BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 232 put (IWM241122P232) for a debit of $3.80 (buying a calendar)
BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 230 put (IWM241122P230) for a debit of $4.20 (buying a diagonal)
BTO 1 IWM 20Dec24 235 put (IWM241220P235)
STO 1 IWM 22Nov24 228 put (IWM241122P228) for a debit of $4.45 (buying a diagonal)
BTO 1 IWM 20Dec24 240 call (IWM241220C240)
STO 1 IWM 22Nov24 235 call (IWM241122C235) for a debit of $0.55 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
November 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
November 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are adding spreads to raise delta:
BTO 1 IWM 20Dec24 240 call (IWM241220C240)
STO 1 IWM 22Nov24 243 call (IWM241122C243) for a debit of $4.90 (buying a diagonal)
BTO 1 IWM 20Dec24 245 call (IWM241220C245)
STO 1 IWM 22Nov24 245 call (IWM241122C245) for a debit of $3.20 (buying a calendar)
BTO 2 IWM 20Dec24 245 call (IWM241220C245)
STO 2 IWM 22Nov24 247 call (IWM241122C247) for a debit of $3.85 (buying a diagonal)
BTO 2 IWM 20Dec24 245 call (IWM241220C245)
STO 2 IWM 22Nov24 249 call (IWM241122C249) for a debit of $4.30 (buying a diagonal)
BTO 1 IWM 20Dec24 240 put (IWM241220P240)
STO 1 IWM 22Nov24 238 put (IWM241122P238) for a debit of $3.80 (buying a diagonal)
BTO 2 IWM 20Dec24 240 put (IWM241220P240)
STO 2 IWM 22Nov24 240 put (IWM241122P240) for a debit of $3.05 (buying a calendar)
BTO 2 IWM 20Dec24 245 put (IWM241220P245)
STO 2 IWM 22Nov24 242 put (IWM241122P242) for a debit of $4.70 (buying a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
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
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
September 17, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
September 17, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are raising delta:
BTC 1 IWM 27Sep24 213 call (IWM240927C213)
STO 1 IWM 27Sep24 227 call (IWM240927C227) for a debit of $7.75 (buying a vertical) (100%)
BTC 1 IWM 27Sep24 203 put (IWM240927P203)
STO 1 IWM 27Sep24 220 put (IWM240927P220) for a credit of $3.35 (buying a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
September 12, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
September 12, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering long strikes to raise delta:
BTO 1 IWM 20Dec24 205 call (IWM241220C205)
STC 1 IWM 20Dec24 225 call (IWM241220C225) for a debit of $9.50 (selling a vertical) (100%)
BTO 1 IWM 20Dec24 205 put (IWM241220P205)
STC 1 IWM 20Dec24 215 put (IWM241220P215) for a credit of $4.40 (selling a vertical) (50%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
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