March 9, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

March 9, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge  Portfolio

We are rolling out and reducing delta: 


BTC 2 IWM 10Mar23 189 call (IWM230310C189)
STO 2 IWM 24Mar23 185 call (IWM230324C185) for a credit of $3.10 (selling a diagonal) (67%)

BTC 1 IWM 10Mar23 189 call (IWM230310C189)
STO 1 IWM 24Mar23 187 call (IWM230324C187) for a credit of $2.15 (selling a diagonal) (100%)

BTC 1 IWM 10Mar23 189 put (IWM230310P189)
STO 1 IWM 24Mar23 183 put (IWM230324P183) for a debit of $1.75 (selling a diagonal) (100%)

BTO 1 IWM 19May23 185 call (IWM230519C185)
STC 1 IWM 19May23 192 call (IWM230519C192) for a debit of $3.30 (buying a vertical) (100%)


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

Happy trading.

Jon