July 6, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering delta:
BTC 2 IWM 14Jul23 191 call (IWM230714C191)
STC 2 IWM 18Aug23 180 call (IWM230818C180) for a credit of $6.15 (selling a diagonal) (100%)
BTC 2 IWM 14Jul23 188 put (IWM230714P188)
STO 2 IWM 14Jul23 181 put (IWM230714P181) for a debit of $4.85 (buying a vertical) (100%)
BTC 2 IWM 14Jul23 187 put (IWM230714P187)
STO 2 IWM 14Jul23 179 put (IWM230714P179) for a debit of $4.70 (buying a vertical) (66%)
BTC 2 IWM 14Jul23 189 call (IWM230714C189)
STO 2 IWM 14Jul23 184 call (IWM230714C184) for a credit of $0.90 (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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