October 13, 2022 Terry’s Tips Trade Alert #2 – Boomer’s Revenge Portfolio
We are closing two spreads to raise delta:
BTC 1 IWM 14Oct22 165 call (IWM221014C165)
STC 1 IWM 18Nov22 175 call (IWM221118C175) for a debit of $1.05 (selling a diagonal) (100%)
BTC 1 IWM 14Oct22 164 put (IWM221014P164)
STC 1 IWM 18Nov22 170 put (IWM221118P170) for a credit of $6.20 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more to get an execution.
Happy trading.
Terry
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube