May 23, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out short options to lower delta:
BTC 1 IWM 24May24 209 call (IWM240524C209)
STO 1 IWM 14Jun24 205 call (IWM240614C205) for a credit of $3.60 (selling a diagonal) (100%)
BTC 1 IWM 24May24 208 put (IWM240524P208)
STO 1 IWM 14Jun24 204 put (IWM240614P204) for a debit of $0.00 (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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