May 23, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are adding put spreads to lower delta:
BTO 1 QQQ 18Jul25 490 put (QQQ250718P490)
STO 1 QQQ 13Jun25 485 put (QQQ250613P485) for a debit of $6.70 (buying a diagonal)
BTO 1 QQQ 18Jul25 480 put (QQQ250718P480)
STO 1 QQQ 13Jun25 475 put (QQQ250613P475) for a debit of $5.90 (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
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