July 17, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out to raise delta and cash:
BTC 2 IWM 18Jul25 216 put (IWM250718P216)
STC 2 IWM 15Aug25 220 put (IWM250815P220) for a credit of $3.95 (selling a diagonal)
BTC 2 IWM 18Jul25 218 put (IWM250718P216)
STC 2 IWM 15Aug25 220 put (IWM250815P220) for a credit of $3.85 (selling a diagonal)
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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