March 6, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

March 6, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are rolling out to reduce delta:


BTC 1 IWM 07Mar25 218 call (IWM250307C218)
STO 1 IWM 28Mar25 214 call (IWM250328C214) for a credit of $2.05 (selling a diagonal)

BTC 1 IWM 07Mar25 214 call (IWM250307C214)
STO 1 IWM 28Mar25 210 call (IWM250328C210) for a credit of $3.30 (selling a diagonal)

BTC 1 IWM 07Mar25 213 put (IWM250307P213)
STO 1 IWM 28Mar25 207 put (IWM250328P207) for a debit of $1.45 (selling a diagonal)

BTO 1 IWM 16May25 210 put (IWM250516P210)
STC 1 IWM 16May25 228 put (IWM250516P228) for a credit of $13.05 (selling a vertical)

BTO 1 IWM 16May25 210 call (IWM250516C210)
STC 1 IWM 16May25 215 call (IWM250516C215) for a debit of $2.10 (selling a vertical)


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

Happy trading,

Jon