May 4, 2023 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio

May 4, 2023 Terry’s Tips Trade Alert #2 – Boomer’s Revenge  Portfolio

We continue rolling out to lower delta: 


BTC 2 IWM 5May23 176 call (IWM230505C176)
STO 2 IWM 19May23 173 call (IWM230519C173) for a credit of $2.05 (selling a diagonal) (50%)

BTC 2 IWM 5May23 176 call (IWM230505C176)
STO 2 IWM 19May23 175 call (IWM230519C175) for a credit of $1.30 (selling a diagonal) (100%)

BTO 2 IWM 16Jun23 171 call (IWM230616C171)
STC 2 IWM 16Jun23 176 call (IWM230616C176) for a debit of $2.45 (buying a vertical) (100%) 


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

Happy trading.

Jon