Category Archives: Boomers Revenge
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
September 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
September 11, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering strikes:
BTC 1 IWM 27Sep24 221 call (IWM240927C221)
STO 1 IWM 27Sep24 213 call (IWM240927C213) for a credit of $1.00 (buying a vertical) (100%)
BTC 1 IWM 27Sep24 213 put (IWM2409027P213)
STO 1 IWM 27Sep24 199 put (IWM240927P199) for a debit of $7.40 (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 6, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
September 6, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out:
BTC 1 IWM 06Sep24 213 put (IWM240906P213)
STO 1 IWM 27Sep24 209 put (IWM240927P209) for a credit of $1.00 (selling a diagonal) (50%)
BTC 1 IWM 06Sep24 213 put (IWM240906P213)
STO 1 IWM 27Sep24 207 put (IWM240927P207) for a credit of $0.15 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
September 5, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
September 5, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out:
BTC 1 IWM 06Sep24 218 call (IWM240906C218)
STO 1 IWM 27Sep24 221 call (IWM240927C221) for a credit of $1.25 (selling a diagonal) (100%)
BTC 1 IWM 06Sep24 217 put (IWM240906P217)
STO 1 IWM 27Sep24 211 put (IWM240927P211) for a debit of $0.85 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
September 4, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
September 4, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering delta by rolling out:
BTC 1 IWM 06Sep24 221 call (IWM240906C221)
STO 1 IWM 27Sep24 219 call (IWM240927C219) for a credit of $2.30 (selling a diagonal) (100%)
BTC 1 IWM 06Sep24 220 put (IWM240906P220)
STO 1 IWM 27Sep24 213 put (IWM240927P213) for a debit of $2.25 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
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
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
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
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