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

April 25, 2023  Terry’s Tips Trade Alert – Honey  Badger  Portfolio
 
We are lowering delta:   


BTC 1 QQQ 28Apr23 325 call (QQQ230428C325)
STC 1 QQQ 16Jun23 325 call (QQQ230616C325) for a credit of $4.85 (selling a calendar) (100%)

BTC 1 QQQ 28Apr23 322 call (QQQ230428C322)
STO 1 QQQ 28Apr23 313 call (QQQ230428C313) for a credit of $2.50 (selling a vertical) (50%)

BTO 1 QQQ 16Jun23 313 call (QQQ230616C313)
STC 1 QQQ 16Jun23 322 call (QQQ230616C322) for a debit of $4.85 (buying a vertical) (100%)

BTC 1 QQQ 28Apr23 317 put (QQQ230428P317)
STO 1 QQQ 28Apr23 308 put (QQQ230428P308) for a debit of $4.20 (buying a vertical) (50%)


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

Happy trading.

Jon