November 2, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are rolling out to higher strikes:
BTC 1 IWM 03Nov23 160 put (IWM231103P160)
STO 1 IWM 17Nov23 165 put (IWM231117P165) for a credit of $1.55 (selling a diagonal) (100%)
BTC 1 IWM 03Nov23 162 put (IWM231103P162)
STO 1 IWM 17Nov23 167 put (IWM231117P167) for a credit of $2.20 (selling a diagonal) (100%)
BTC 1 IWM 03Nov23 163 call (IWM231103C163)
STO 1 IWM 17Nov23 170 call (IWM231117C170) for a debit of $3.00 (selling a diagonal) (100%)
BTC 1 IWM 03Nov23 165 call (IWM231103C165)
STO 1 IWM 17Nov23 168 call (IWM231117C168) for a debit of $0.20 (selling a diagonal) (100%)
BTO 1 IWM 15Dec23 170 put (IWM231215P170)
STC 1 IWM 15Dec23 155 put (IWM231215P155) for a debit of $4.25 (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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