May 7, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out to lower delta:
BTC 1 IWM 09May25 204 call (IWM250509C204)
STO 1 IWM 30May25 198 call (IWM250530C198) for a credit of $4.35 (selling a diagonal)
BTC 1 IWM 09May25 188 put (IWM250509P188)
STO 1 IWM 30May25 186 put (IWM250530P186) for a credit of $1.65 (selling a diagonal)
BTC 1 IWM 09May25 202 call (IWM250509C202)
STO 1 IWM 30May25 201 call (IWM250530C201) for a credit of $2.80 (selling a diagonal)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
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