July 25, 2023  Terry’s Tips Trade Alert – Honey  Badger Portfolio

July 25, 2023  Terry’s Tips Trade Alert – Honey  Badger  Portfolio
 
We are adding spreads to increase delta and theta:   


BTO 2 QQQ 15Sep23 370 put (QQQ230915P370)
STO 2 QQQ 04Aug23 379 put (QQQ230804P379) for a debit of $0.75 (buying a diagonal)

BTC 1 QQQ 04Aug23 376 call (QQQ230804C376)
STO 1 QQQ 04Aug23 381 call (QQQ230804C381) for a debit of $2.60 (buying a vertical) (50%)

BTO 3 QQQ 15Sep23 375 put (QQQ230915P375)
STO 3 QQQ 04Aug23 381 put (QQQ230804P381) for a debit of $1.35 (buying a diagonal)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading,

Jon