December 14, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are raising delta by closing a put spread:
BTC 1 IWM 16Dec22 173 put (IWM221216P173)
STC 1 IWM 20Jan23 190 put (IWM230120P190) for a credit of $9.40 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.