August 20, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio

August 20, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio

 
We are rolling down to lower delta: 
 

BTC 1 QQQ 05Sep25 590 call (QQQ250905C590)
STC 1 QQQ 17Oct25 590 call (QQQ251017C590) for a credit of $4.35 (selling a calendar)

BTC 1 QQQ 05Sep25 585 call (QQQ250905C585)
STC 1 QQQ 17Oct25 580 call (QQQ251017C580) for a credit of $7.30 (selling a diagonal)

BTO 1 QQQ 17Oct25 567 call (QQQ251017C567)
STO 1 QQQ 05Sep25 567 call (QQQ250905C567) for a debit of $8.65 (buying a calendar)

BTO 1 QQQ 17Oct25 562 call (QQQ251017C562)
STO 1 QQQ 05Sep25 562 call (QQQ250905C562) for a debit of $8.90 (buying a calendar)

BTC 1 QQQ 05Sep25 575 put (QQQ250905C575)
STO 1 QQQ 05Sep25 555 put (QQQ250905C555) for a debit of $10.00 (buying a vertical)

BTC 1 QQQ 05Sep25 570 put (QQQ250905C570)
STO 1 QQQ 05Sep25 550 put (QQQ250905C550) for a debit of $8.05 (buying a vertical)

BTO 1 QQQ 17Oct25 565 put (QQQ251017P565)
STC 1 QQQ 17Oct25 585 put (QQQ251017P585) for a credit of $10.80 (selling a vertical)


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

Happy trading,

Jon