March 1, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out low extrinsic value positions:
BTO 2 IWM 19Apr24 205 put (IWM240419P205)
STC 2 IWM 19Apr24 195 put (IWM240419P195) for a debit of $3.75 (selling a vertical) (66%)
BTC 1 IWM 01Mar24 201 call (IWM240301C201)
STO 1 IWM 22Mar24 211 call (IWM240322C211) for a debit of $1.35 (selling a diagonal) (100%)
BTC 1 IWM 01Mar24 200 put (IWM240301P200)
STO 1 IWM 22Mar24 201 put (IWM240322P201) for a credit of $2.95 (selling a diagonal) (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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