July 5, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering delta:
BTC 1 IWM 14Jul23 188 put (IWM230714P188)
STO 1 IWM 14Jul23 183 put (IWM230714P183) for a debit of $2.15 (buying a vertical) (33%)
BTC 1 IWM 14Jul23 193 call (IWM230714C193)
STO 1 IWM 14Jul23 186 call (IWM230714C186) for a credit of $2.00 (selling a vertical) (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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