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May 18, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

May 18, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge  Portfolio

We are closing put spreads to raise delta: 


BTC 1 IWM 19May23 170 put (IWM230519P170)
STC 1 IWM 16Jun23 173 put (IWM230616P173) for a credit of $2.55 (selling a diagonal) (100%)

BTC 3 IWM 19May23 172 put (IWM230519P172)
STC 3 IWM 16Jun23 173 put (IWM230616P173) for a credit of $2.55 (selling a diagonal) (100%)

BTC 2 IWM 19May23 173 call (IWM230519C173)
STC 2 IWM 16Jun23 171 call (IWM230616C171) for a credit of $4.15 (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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