October 11, 2022 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are lowering delta:
BTC 1 IWM 14Oct22 177 call (IWM221014C177)
STO 1 IWM 14Oct22 165 call (IWM221014C165) for a credit of $3.05 (selling a vertical) (100%)
BTC 1 IWM 14Oct22 170 put (IWM221014P170)
STO 1 IWM 14Oct22 160 put (IWM221014P160) for a debit of $4.70 (buying a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading.
Terry
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