August 17, 2023  Terry’s Tips Trade Alert – Honey  Badger Portfolio

August 17, 2023  Terry’s Tips Trade Alert – Honey  Badger  Portfolio
 
We are rolling out to reduce delta:   


BTC 1 QQQ 18Aug23 379 call (QQQ230818C379)
STO 1 QQQ 01Sep23 368 call (QQQ230901C368) for a credit of $3.25 (selling a diagonal) (100%)

BTC 1 QQQ 18Aug23 377 call (QQQ230818C377)
STO 1 QQQ 01Sep23 366 call (QQQ230901C366) for a credit of $4.05 (selling a diagonal) (100%)

BTO 1 QQQ 20Oct23 365 call (QQQ231020C365)
STC 1 QQQ 20Oct23 375 call (QQQ231020C375) for a debit of $4.85 (buying a vertical) (100%)

BTO 1 QQQ 20Oct23 365 call (QQQ231020C365)
STC 1 QQQ 20Oct23 380 call (QQQ231020C380) for a debit of $6.70 (buying a vertical) (100%)

BTC 2 QQQ 18Aug23 371 put (QQQ230818P371)
STO 2 QQQ 01Sep23 364 put (QQQ230901P364) for a debit of $2.80 (selling a diagonal) (66%)

BTC 1 QQQ 18Aug23 371 put (QQQ230818P371)
STO 1 QQQ 01Sep23 362 put (QQQ230901P362) for a debit of $3.80 (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