April 17, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge Portfolio

April 17, 2023 Terry’s Tips Trade Alert – Boomer’s Revenge  Portfolio

We are raising delta: 


BTO 3 IWM 16Jun23 173 put (IWM230616P173)
STC 3 IWM 19May23 178 put (IWM230519P178) for a debit of $0.05 (buying a diagonal) (100%)

BTC 1 IWM 21Apr23 170 put (IWM230421P170)
STO 1 IWM 21Apr23 179 put (IWM230421P179) for a credit of $1.45 (selling a vertical) (50%)

BTC 1 IWM 21Apr23 176 call (IWM230421C176)
STO 1 IWM 21Apr23 180 call (IWM230421C180) for a debit of $2.50 (buying a vertical) (50%)


Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.

Happy trading.

Jon