October 23, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

October 23, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio


We are rolling up strikes and closing spreads to increase delta:  


BTC 2 IWM 31Oct25 241 call (IWM251031C241)
STO 2 IWM 31Oct25 247 call (IWM251031C247) for a debit of $4.10 (buying a vertical)

BTC 1 IWM 31Oct25 241 call (IWM251031C241)
STO 1 IWM 31Oct25 253 call (IWM251031C253) for a debit of $6.55 (buying a vertical)

BTC 2 IWM 31Oct25 230 put (IWM251031P230)
STC 2 IWM 21Nov25 245 put (IWM251121P245) for a credit of $4.55 (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