May 19, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

May 19, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge  Portfolio

We begin rolling out shorts and longs: 


BTC 2 IWM 19May23 178 call (IWM230519C178)
STO 2 IWM 02Jun23 177 call (IWM230602C177) for a credit of $2.15 (selling a diagonal) (100%)

BTC 2 IWM 19May23 174 put (IWM230519P174)
STO 2 IWM 02Jun23 175 put (IWM230602P175) for a credit of $2.15 (selling a diagonal) (100%)

BTO 3 IWM 21Jul23 175 call (IWM230721C175)
STC 3 IWM 16Jun23 172 call (IWM230616C172) for a debit of $0.40 (buying a diagonal) (100%)

BTO 2 IWM 21Jul23 180 put (IWM230721P180)
STC 2 IWM 16Jun23 171 put (IWM230616P171) for a debit of $5.25 (buying a diagonal) (100%)


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

Happy trading.

Jon