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
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