May 5, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out:
BTC 2 IWM 5May23 171 put (IWM230505P171)
STO 2 IWM 19May23 172 put (IWM230519P172) for a credit of $2.30 (selling a diagonal) (66%)
BTC 1 IWM 5May23 171 put (IWM230505P171)
STO 1 IWM 19May23 168 put (IWM230519P168) for a credit of $1.25 (selling a diagonal) (100%)
BTC 2 IWM 19May23 171 call (IWM230519C171)
STO 2 IWM 19May23 177 call (IWM230519C177) for a debit of $3.40 (buying a vertical) (100%)
BTO 3 IWM 16Jun23 171 put (IWM230616P171)
STC 3 IWM 16Jun23 178 put (IWM230616P178) for a credit of $3.00 (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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