August 19, 2022 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are rolling out both long and short positions to lower delta:
BTC 1 QQQ 19Aug22 330 put (QQQ220819P330)
STO 1 QQQ 26Aug22 323 put (QQQ220826P323) for a debit of $2.55 (selling a diagonal) (100%)
BTC 1 QQQ 19Aug22 328 put (QQQ220819P328)
STO 1 QQQ 26Aug22 320 put (QQQ220826P320) for a debit of $1.80 (selling a diagonal) (100%)
BTC 1 QQQ 19Aug22 335 call (QQQ220819C335)
STO 1 QQQ 26Aug22 324 call (QQQ220826C324) for a credit of $4.00 (selling a diagonal) (100%)
BTC 1 QQQ 19Aug22 332 call (QQQ220819C332)
STO 1 QQQ 26Aug22 327 call (QQQ220826C327) for a credit of $2.65 (selling a diagonal) (100%)
BTO 1 QQQ 21Oct22 324 call (QQQ221021C324)
STC 1 QQQ 16Sep22 335 call (QQQ220916C335) for a debit of $10.40 (buying a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
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