May 2, 2024 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
We are rolling out to raise delta:
BTC 1 IWM 03May24 195 put (IWM240503P195)
STO 1 IWM 24May24 196 put (IWM240524P196) for a credit of $2.05 (selling a diagonal) (50%)
BTC 1 IWM 03May24 195 put (IWM240503P195)
STO 1 IWM 24May24 194 put (IWM240524P194) for a credit of $1.50 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading,
Jon
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