May 3, 2024 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
This completes rolling out:
BTC 1 IWM 03May24 199 put (IWM240503P199)
STO 1 IWM 24May24 204 put (IWM240524P204) for a credit of $4.45 (selling a diagonal) (100%)
BTO 1 IWM 16Aug24 205 put (IWM240816P205)
STC 1 IWM 16Aug24 190 put (IWM240816P190) for a debit of $5.50 (selling a vertical) (50%)
BTC 1 IWM 03May24 200 call (IWM240503C200)
STO 1 IWM 24May24 207 call (IWM240524C207) for a debit of $0.15 (selling a diagonal) (100%)
BTC 1 IWM 03May24 202 call (IWM240503C202)
STO 1 IWM 24May24 209 call (IWM240524C209) for a credit of $1.05 (selling a diagonal) (100%)
BTO 1 IWM 16Aug24 210 call (IWM240816C210)
STC 1 IWM 16Aug24 185 call (IWM240816C185) for a credit of $15.75 (selling 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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