December 16, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are adding spreads to reduce delta:
BTO 3 IWM 16Jan26 255 call (IWM260116C255)
STO 3 IWM 02Jan26 250 call (IWM260102C250) for a credit of $0.40
BTO 3 IWM 16Jan26 240 put (IWM260116P240)
STO 3 IWM 02Jan26 237 put (IWM260102P237) for a debit of $1.60
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
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