July 6, 2023 Terry’s Tips Trade Alert #2 – Honey Badger Portfolio
We are adding put spreads to increase theta ahead of tomorrow’s rollout:
BTO 1 QQQ 18Aug23 370 put (QQQ230818P370)
STO 1 QQQ 07Jul23 364 put (QQQ230707P364) for a debit of $9.75 (buying a diagonal)
BTO 1 QQQ 18Aug23 370 put (QQQ230818P370)
STO 1 QQQ 07Jul23 366 put (QQQ230707P366) for a debit of $8.95 (buying a diagonal)
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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