March 26, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out low-extrinsic short positions by 3 weeks:
BTC 1 IWM 28Mar25 197 put (IWM250328P197)
STO 1 IWM 17Apr25 200 put (IWM250417P200) for a credit of $1.85 (selling a diagonal)
BTC 1 IWM 28Mar25 214 call (IWM250328C214)
STO 1 IWM 17Apr25 214 call (IWM250417C214) for a credit of $1.80 (selling a calendar)
BTC 1 IWM 28Mar25 198 put (IWM250328P198)
STO 1 IWM 17Apr25 198 put (IWM250417P198) for a credit of $1.45 (selling a calendar)
BTC 1 IWM 28Mar25 201 put (IWM250328P201)
STO 1 IWM 17Apr25 202 put (IWM250417P202) for a credit of $2.25 (selling a diagonal)
BTC 1 IWM 28Mar25 201 put (IWM250328P201)
STO 1 IWM 17Apr25 204 put (IWM250417P204) for a credit of $2.85 (selling a diagonal)
BTO 1 IWM 16May25 215 put (IWM250516P215)
STC 1 IWM 16May25 195 put (IWM250516P195) for a debit of $7.90 (selling a vertical)
BTO 1 IWM 16May25 215 put (IWM250516P215)
STC 1 IWM 16May25 200 put (IWM250516P200) for a debit of $6.75 (selling a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
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