March 2, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
We are lowering put strikes to reduce delta:
BTC 1 TLT 10Mar23 102 put (TLT230310P102)
STO 1 TLT 10Mar23 99 put (TLT230310P99) for a debit of $1.95 (buying a vertical) (33%)
BTC 1 TLT 10Mar23 102 put (TLT230310P102)
STO 1 TLT 10Mar23 98 put (TLT230310P98) for a debit of $2.35 (buying a vertical) (50%)
BTC 1 TLT 10Mar23 102 put (TLT230310P102)
STO 1 TLT 10Mar23 97 put (TLT230310P97) for a debit of $2.60 (buying a vertical) (100%)
BTC 1 TLT 10Mar23 101 put (TLT230310P101)
STO 1 TLT 10Mar23 96 put (TLT230310P96) for a debit of $2.00 (buying a vertical) (33%)
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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