August 1, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are closing call spreads and rolling down a short put to lower delta:
BTC 1 QQQ 15Aug25 590 call (QQQ250815C590)
STC 1 QQQ 17Oct25 590 call (QQQ251017C590) for a credit of $5.80 (selling a calendar)
BTC 1 QQQ 15Aug25 585 call (QQQ250815C585)
STC 1 QQQ 17Oct25 585 call (QQQ251017C585) for a credit of $7.20 (selling a calendar)
BTC 1 QQQ 15Aug25 575 call (QQQ250815C575)
STC 1 QQQ 17Oct25 580 call (QQQ251017C580) for a credit of $8.05 (selling a calendar)
BTC 1 QQQ 15Aug25 565 put (QQQ250815P565)
STO 1 QQQ 15Aug25 545 put (QQQ250815P545) for a debit of $7.80 (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
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube