July 25, 2024 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio
We continue rolling out:
BTC 1 IWM 26Jul24 214 put (IWM240726P214)
STO 1 IWM 16Aug24 220 put (IWM240816P220) for a credit of $4.30 (selling a diagonal) (33%)
BTC 1 IWM 26Jul24 214 put (IWM240726P214)
STO 1 IWM 16Aug24 216 put (IWM240816P216) for a credit of $2.80 (selling a diagonal) (50%)
BTC 1 IWM 26Jul24 214 put (IWM240726P214)
STO 1 IWM 16Aug24 214 put (IWM240816P214) for a credit of $2.25 (selling a calendar) (100%)
BTO 1 IWM 20Dec24 225 put (IWM241220P225)
STC 1 IWM 20Dec24 215 put (IWM241220P215) for a debit of $4.40 (selling a vertical) (33%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube