June 13, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

June 13, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge  Portfolio

We are raising delta: 


BTC 2 IWM 16Jun23 176 put (IWM230616P176)
STO 2 IWM 16Jun23 186 put (IWM230616P186) for a credit of $0.95 (selling a vertical) (100%)

BTC 2 IWM 16Jun23 178 put (IWM230616P178)
STO 2 IWM 16Jun23 188 put (IWM230616P188) for a credit of $1.65 (selling a vertical) (66%)

BTO 3 IWM 21Jul23 190 put (IWM230721P190)
STC 3 IWM 21Jul23 175 put (IWM230721P175) for a debit of $4.00 (buying a vertical) (100%)

BTC 1 IWM 16Jun23 181 call (IWM230616C181)
STO 1 IWM 16Jun23 189 call (IWM230616C189) for a debit of $6.00 (buying a vertical) (100%)

BTC 1 IWM 16Jun23 183 call (IWM230616C183)
STO 1 IWM 16Jun23 191 call (IWM230616C191) for a debit of $5.00 (buying a vertical) (50%)

Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.

Happy trading.

Jon