Category Archives: Boomers Revenge
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
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
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