June 13, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

June 13, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are rolling out to lower delta:


BTC 1 IWM 14Jun24 207 call (IWM240614C207)
STO 1 IWM 28Jun24 207 call (IWM240628C207) for a credit of $0.95 (selling a calendar) (50%)     
 
BTC 1 IWM 14Jun24 207 call (IWM240614C207)
STO 1 IWM 28Jun24 205 call (IWM240628C205) for a credit of $1.50 (selling a diagonal) (100%)     

BTC 2 IWM 14Jun24 206 put (IWM240614P206)
STO 2 IWM 28Jun24 200 put (IWM240628P200) for a debit of $2.30 (selling a diagonal) (100%)     


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

Happy trading,

Jon