December 22, 2023 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are closing spreads and rolling out to raise delta:
BTC 1 QQQ 22Dec23 404 call (QQQ231222C404)
STC 1 QQQ 16Feb24 395 call (QQQ240216C395) for a credit of $17.25 (selling a diagonal) (100%)
BTC 2 QQQ 22Dec23 406 call (QQQ231222C406)
STC 2 QQQ 16Feb24 395 call (QQQ240216C395) for a credit of $19.10 (selling a diagonal) (100%)
BTC 1 QQQ 22Dec23 403 put (QQQ231222P403)
STO 1 QQQ 05Jan24 409 put (QQQ240105P409) for a credit of $3.85 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading,
Jon
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