November 9, 2023 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are closing all put spreads to raise delta and theta. These positions have to be closed anyway since we are rolling out shorts and longs this week:
BTC 2 QQQ 10Nov23 350 put (QQQ231110P350)
STC 2 QQQ 15Dec23 350 put (QQQ231215P350) for a credit of $1.80 (selling a calendar) (100%)
BTC 1 QQQ 10Nov23 352 put (QQQ231110P352)
STC 1 QQQ 15Dec23 350 put (QQQ231215P350) for a credit of $1.80 (selling a diagonal) (100%)
BTC 1 QQQ 10Nov23 354 put (QQQ231110P354)
STC 1 QQQ 15Dec23 355 put (QQQ231215P355) for a credit of $2.40 (selling a diagonal) (100%)
BTC 1 QQQ 10Nov23 356 put (QQQ231110P356)
STC 1 QQQ 15Dec23 355 put (QQQ231215P355) for a credit of $2.40 (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
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