September 26, 2023 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are closing spreads and reducing delta:
BTC 2 QQQ 29Sep23 365 put (QQQ230929P365)
STC 2 QQQ 17Nov23 365 put (QQQ231117P365) for a credit of $5.15 (selling a calendar) (100%)
BTC 2 QQQ 29Sep23 363 put (QQQ230929P363)
STO 2 QQQ 29Sep23 354 put (QQQ230929P354) for a debit of $5.40 (buying a vertical) (100%)
BTC 1 QQQ 29Sep23 373 call (QQQ230929C373)
STC 1 QQQ 17Nov23 370 call (QQQ231117C370) for a credit of $5.80 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order 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