November 10, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
We continue closing low-strike put spreads to raise delta:
BTC 2 IWM 11Nov22 173 put (IWM221111P173)
STC 2 IWM 16Dec22 180 put (IWM221216P180) for a credit of $4.55 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.