January 27, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out to raise delta:
BTC 1 IWM 27Jan23 186 call (IWM230127C186)
STO 1 IWM 10Feb23 191 call (IWM230210C191) for a debit of $1.00 (selling a diagonal) (100%)
BTC 1 IWM 27Jan23 185 put (IWM230127P185)
STO 1 IWM 10Feb23 190 put (IWM230210P190) for a credit of $3.15 (selling a diagonal) (100%)
BTC 1 IWM 27Jan23 186 put (IWM230127P186)
STO 1 IWM 10Feb23 186 put (IWM230210P186) for a credit of $1.65 (selling a calendar) (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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