August 29, 2022 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are reducing delta:
BTC 1 QQQ 02Sep22 318 call (QQQ220902C318)
STO 1 QQQ 02Sep22 305 call (QQQ220902C305)
BTO 1 QQQ 21Oct22 305 call (QQQ221021C305)
STC 1 QQQ 21Oct22 318 call (QQQ221021C318) for a debit of $2.55 (buying a vertical roll) (100%)
BTC 1 QQQ 02Sep22 308 put (QQQ220902P308)
STO 1 QQQ 02Sep22 296 put (QQQ220902P296) for a debit of $4.90 (buying a vertical) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Terry
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube