October 8, 2025 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We are raising strikes to increase delta and theta:
BTC 1 IWM 10Oct25 244 call (IWM251010C244)
STO 1 IWM 10Oct25 247.5 call (IWM251010C247.5) for a debit of $2.15 (buying a vertical)
BTC 3 IWM 10Oct25 241 put (IWM251010P241)
STO 3 IWM 10Oct25 246 put (IWM251010P246) for a credit of $0.95 (buying a vertical)
BTC 3 IWM 10Oct25 242.5 put (IWM251010P242.5)
STO 3 IWM 10Oct25 247.5 put (IWM251010P247.5) for a credit of $1.55 (buying a vertical)
BTO 2 IWM 21Nov25 250 put (IWM251121P250)
STC 2 IWM 21Nov25 240 put (IWM251121P240) for a debit of $4.20 (selling a vertical)
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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