June 6, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

June 6, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge  Portfolio

We are raising delta: 


BTC 1 IWM 16Jun23 172 put (IWM230616P172)
STO 1 IWM 16Jun23 184 put (IWM230616P184) for a credit of $2.40 (selling a vertical) (100%)

BTC 2 IWM 16Jun23 174 put (IWM230616P174)
STO 2 IWM 16Jun23 182 put (IWM230616P182) for a credit of $1.45 (selling a vertical) (100%)

BTO 1 IWM 21Jul23 185 put (IWM230721P185)
STC 1 IWM 21Jul23 175 put (IWM230721P175) for a debit of $3.10 (buying a vertical) (25%)

BTO 1 IWM 21Jul23 180 put (IWM230721P180)
STO 1 IWM 16Jun23 184 put (IWM230616P184) for a debit of $0.45 (buying a diagonal)

BTC 1 IWM 16Jun23 179 call (IWM230616C179)
STO 1 IWM 16Jun23 189 call (IWM230616C189) for a debit of $5.20 (buying a vertical) (100%)

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

Happy trading.

Jon